Tag: triple

  • US renewables’ annual capacity additions to triple in 10 years – WoodMac

    With the US Inflation Reduction Act (IRA) driving the economic competitiveness of renewables, annual capacity additions will nearly triple in 10 years to 110 gigawatts (GW), asserts Wood Mackenzie (WoodMac). US renewables’ annual capacity growth Speaking at the RE+ conference in Las Vegas, Chris Seiple, vice chairman, power and renewables for Wood Mackenzie, said: The…

  • The US solar market is projected to triple in size by 2028

    Due in part to strong Q1 2023 numbers and a surge in demand, the US solar market is now expected to triple in size over the next five years, according to a new report. According to the “US Solar Market Insight Q2 2023 report,” released today by the Solar Energy Industries Association (SEIA) and Wood…