SOLARSAT™: EIA 860M (SEIA) is broken, ignore it; 2026 grows 10+% (albeit ho-hum start w/ low tracker installs); Nextera adds new Mortenson work
In this note, we refresh our monthly satellite and on-the-ground datasets, with February updated for FirstDirt, Trackers, Panel Installations, and Interconnections… We have also reviewed the SEIA / Woodmac report published this week…
Approvals inflect higher (25 GW this qtr); Visibility through 2027E; But new applications have dried up
In this note, we summarize our takeaways after processing the last three months of applications, permits, and approvals… utility scale solar is pacing ahead of schedule in the near / medium term… increasingly concerned about growth thereafter.
SOLARSAT™: Slow construction start (lot of bad weather); Solar crews drop 12 to 208; Solv starts massive Swenson project; Gamechange taking share
In this note, we provide an update on construction activity since the beginning of the year… Despite the slow start, we are still anticipating 2026E to post strong utility-solar construction growth… with orders and backlog also ticking higher.
2025 modest construction growth (+7%); Growth reaccelerating this year (CA, Northwest, Georgia); PRIM boost last year, MTZ on deck
Construction activity for large scale FTM battery storage increased modestly to… GW in 2025… We are projecting battery storage construction growth to reaccelerate into the… per year range in 2026/2027
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.