ACP report says Q2 set record for new utility-scale clean power capacity

Dave Kovaleski | Source: Daily Energy Insider | Posted 09/07/2024

Specifically, developers added more than 11 GW of new utility-scale solar, storage, and wind capacity in the second quarter, up 91 percent from the same quarter a year ago. The second quarter also marked the first time that Texas has surpassed California as the nation’s leading state for utility-scale solar capacity. With 1,656 MW added in Q2, Texas now has 21,932 MW of operating solar power. Also, the U.S. energy storage sector added 2.9 GW this quarter to reach a total of 21.6 GW.

AI generated summary

The American Clean Power Association’s Clean Power Quarterly Market Report reveals that in the second quarter, U.S. developers added a record-breaking 11 gigawatts (GW) of new utility-scale clean power capacity, marking a significant 91 percent increase over the same period in 2023. With a total of 19 GW of installations for the year so far, which more than doubles the average for the first half of the year over the past five years, the report indicates a strong likelihood of 2024 being a record-breaking year for clean power additions.

Specifically, the report notes that developers added over 11 GW of new utility-scale solar, storage, and wind capacity in the second quarter, with Texas surpassing California as the leading state for utility-scale solar capacity for the first time. The U.S. energy storage sector also saw significant growth, adding 2.9 GW in the second quarter alone to reach a total of 21.6 GW. The report also highlights a 13 percent annual growth in the clean power pipeline, with notable expansions anticipated in offshore wind projects.

Link to Original Article

Please find the link to the full article below. (Please note that content provider might require a paid subscription)

Source Link: https://dailyenergyinsider.com/news/45174-acp-report-says-q2-set-record-for-new-utility-scale-clean-power-capacity/

Create a free trial account: Sign Up

Grid monitor is free to try. No credit card required

ACP report says Q2 set record for new utility-scale clean power capacity

AI generated summary

Link to Original Article

Create a free trial account: Sign Up

Already have an account? Login