Wood Mackenzie
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector.
See below for the Latest Wood Mackenzie News, Analysis, Profit Results, Share Price Information, and Commentary.
Renewable energy certificates prices to drop 76% by 2050 amidst market oversupply
It is expected to exceed demand until 2050.
Renewable energy certificates prices to drop 76% by 2050 amidst market oversupply
It is expected to exceed demand until 2050.
Global PV tracker shipments grow 28% in 2023
In Asia, China's PV tracker market fell to 4.3 GWdc.
Singapore on track for 4 GW imports by 2035
The country currently imports 200 MW of low-carbon power.
Chinese renewable exports up 35% from 2019 to 2023
The country’s manufacturing costs were up to 200% lower than Western rivals.
Chinese firms dominate wind turbine market
A total of four Chinese wind turbine companies made it to the top five firms.
High interest rates pose a threat to the energy transition
It would raise the cost of capital for renewables and nascent technologies.
China leads global wind turbine orders to a record high in 2023
Global wind turbine orders rose by 16 GW year-on-year to reach 155 GW.
Global nuclear SMR pipeline reaches 22 GW in Q1 2024
The project pipeline would need a $176b investment.
China’s solar production costs down 42%
The Asian manufacturing powerhouse holds 80% of the global manufacturing capacity.
China to gain 80% of global solar manufacturing capacity
The market recently received a $130b investment into the solar industry.
Global wind power installed capacity to reach 2.38 TW in 2032
China will have the largest wind power capacity by 2032 at 1,080 GW.
Global wind turbine orders hit record-high in H1
The orders amounted to $40.5b.
‘Expensive pathway’ awaits as Vietnam trails to achieve PDP8 targets
Vietnam targets to phase out coal plants and convert them into biomass and ammonia plants.
Japan could face difficulties in reaching hydrogen goals: report
Lack of infrastructure development is one of the challenges it faces.
Untapped offshore wind potential can power Japan’s shift to clean energy
Unleashing wind potential could boost Japan’s share of clean power to 90% by 2035, according to the think tank, Ember.
Wind turbine intake hits new record in Q1
The intake reached 23.5GW of activity, Wood Mackenzie reported.
Solar PV manufacturing in China to grow to over 230GW in 2026
This is more than enough to supply global market demand, Wood Mackenzie reported.
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Commentary
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors