Tag Archives: WoodMac

For WoodMac, the global average LCOE of photovoltaic (PV) reaches €55.5/MWh in 2024, compared to €40/MWh according to IRENA for 2023

The levelized cost of electricity (LCOE) of solar photovoltaic (PV) has continued to decline worldwide in 2024, according to the latest report by consultancy Wood Mackenzie. The global average LCOE of fixed solar photovoltaic (PV) systems in 2024 reached $66/MWh (€61/MWh), with a range between $28/MWh and $117/MWh (€26/MWh and €108/MWh). The price difference is … Continue reading For WoodMac, the global average LCOE of photovoltaic (PV) reaches €55.5/MWh in 2024, compared to €40/MWh according to IRENA for 2023

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China Wind Turbine Orders to Hit Record 100 GW in 2023

Goldwind retook the position as the top wind energy company for orders in 2023.Chinese wind turbine orders hit a new record in 2023, reaching around 100 GW, according to research by Wood Mackenzie. Analyst’s 2023 China Wind Turbine Order Ranking Analysis Report found that this is the second year in which more than 90 GW … Continue reading China Wind Turbine Orders to Hit Record 100 GW in 2023

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