Data refresh & 2026E projections; EPC mkt share favors MTZ (PWR lower 2025); Gamechange takes back share
In this note, we are updating the latest utility-scale solar data, which includes our projections for industry metrics such new approvals / construction / installations and company specific such as EPC / tracker / module market share…
SOLARSAT™: 2025 wraps up as expected (35 GWac new site work); Installs take holiday break; Primoris spotlight (market share + efficiency gains)
In this note, we summarize the latest utility-scale solar satellite and field level data trends. Broadly speaking, the end of the year wrapped up about as expected with another…
SOLARSAT™: Panels on full tilt (9 GW installed last 3 months); Solar crew efficiency up 5-10% this year; FirstDIRT firm
Solar crew count was flat again at ~230 in November compared to October. Compared to last year, the crew count is up 15%, driven by crew adds in Arizona, California, and Louisiana.
Solar train is rolling (RECORD 18 GW approved this quarter); Increasing 2027E construction projections; Applications on a downtrend
In this note, we summarize our utility-scale solar data after processing the last 3-months of construction, approval, and application filings….
SOLARSAT™: Construction momentum remains firm (October +25% y/y); Arizona big month
October utility scale solar projects started construction… very firm for this time of year, tracking up… Solar crew count was flat… EPC crews in California have been the standout…
BESS construction firm Q3; double digit growth through 2027; ERCOT red flags; Tesla big share gains
In this note, we are updating our BESS data for the latest construction and approval data.
Increasing 2026E projections (+10-15% y/y); Implies 50-60 more crews needed; Market share adds (Nextracker, Mastec, First Solar)
In this note, we are updating our utility-scale solar model (LS-1) which includes 2026E / 2027E projections for construction, solar crews, trackers and interconnections…
SOLARSAT™: Q3 wraps on high note (tracker installs +20% y/y); Crew efficiency-big gains driven by big EPCs; 2026E thoughts
In this note we 1) update our September construction activity 2) provide color on the latest EPC crew efficiency data and 3) take a glance at 2026E.
SOLARSAT™: Not yet seeing post-OBBB construction surge; Surprisingly SLOW TEXAS – driven by a MAJOR problem; PJM solar FINALLY taking flight
Contrary to the SEIA / Woodmac report this week… we are anticipating a big boost to solar installations (interconnections) through 2028E…
New solar applications on track for >200 GWac in 2025…50 GWac will receive construction approval
The latest data is supportive of our view that utility scale solar construction and interconnections will be better than expected over the next several years…