Quarterly Solar Industry Update
In 2023, approximately 45% of battery capacity and 26% of utility-scale PV capacity were hybrid PV/battery energy storage system projects—relatively consistent with previous years.
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Spring 2025 Solar Industry Update
• Utility-scale solar (including PV and CSP technologies) and C&I PV electricity production dropped by 46% from its summer peak (July 2024) to its winter low (December 2024),
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Energy Storage Rides a Wave of Growth but Uncertainty Looms: A
The energy storage sector maintained its upward trajectory in 2024, with estimates indicating that global energy storage installations rose by more than 75%, measured by megawatt-hours (MWh), year-over
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The residential solar market: Down, not out | McKinsey
After several years of 30 percent annual growth in installations, 2024 saw a decline: fewer panels were installed in many markets, and companies'' valuations declined. This led to large capital
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Solar Market Insight Report Q4 2025 – SEIA
As new development opportunities for traditional community solar continue to decline, community solar developers report increased interest in exploring community-scale solar and storage
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Energy storage in 2025: Year in review
In another record-breaking year for energy storage installations, the sector has firmly cemented its position in the global electricity market and reached new heights.
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Global Cost of Renewables to Continue Falling in 2025 as China
BNEF''s Levelized Cost of Electricity report indicates that the global benchmark cost for battery storage projects fell by a third in 2024 to $104 per megawatt-hour (MWh), as a glut in supply
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The cost of renewables will continue to fall, this is why
Blended average selling prices for photovoltaic (PV) modules were in the fourth quarter of 2023 as high as they were toward the end of 2018, up nearly 30% compared with the same period two years ago.
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As Solar LCOE Dips to Lowest Point, Energy Storage Systems and a
While solar generation and efficiency continue to increase, solar''s LCOE continues to decline. Solar''s global average LCOE dropped by an astonishing 89% from 2010 to 2023, according
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U.S. Solar Market Slows As Policy Uncertainty Grows
Solar plus storage remains central. The combined share of 82 percent of new capacity shows that while solar faces headwinds, its integration with storage continues to strengthen grid
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