US adds 5.6 GW of utility-scale clean energy in Q1, up 28% year-over-year: ACP

Diana DiGangi | Source: Utility DIVE | Posted 05/10/2024

Solar contributed 4.54 GW of that added capacity and crossed a threshold of 100 GW deployed, according to the American Clean Power Association. The U.S. utility-scale solar, wind and storage sectors added a total of 5,585 MW in the first quarter of 2024, a 28% increase year-over-year, says a new quarterly market report released Tuesday by the American Clean Power Association.

AI generated summary

The American Clean Power Association released a new quarterly market report revealing that the U.S. utility-scale solar, wind, and storage sectors collectively added 5,585 MW in the first quarter of 2024, marking a 28% increase from the previous year. Utility-scale solar accounted for 4,557 MW of the added capacity and surpassed 100 GW in deployed capacity, contributing to a total clean power capacity of nearly 270 GW, which could power over 68 million homes.

The Energy Information Administration's short-term energy outlook reported that solar energy is projected to drive most of the forecasted growth in U.S. electricity generation in 2024, with utility-scale solar expected to contribute nearly 60% of the overall increase. Wind and hydropower are also expected to play significant roles in the growth, with wind contributing 19% and hydropower 13% to the expansion. Despite a decline in wind generation in 2023, new wind capacity was added, and the first quarter of 2024 saw record offshore wind deployments, showing promise for continued growth in the sector.

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://www.utilitydive.com/news/clean-energy-capacity-wind-solar-2024-acp-report/715501/

Create a free trial account: Sign Up

Grid monitor is free to try. No credit card required

US adds 5.6 GW of utility-scale clean energy in Q1, up 28% year-over-year: ACP

AI generated summary

Link to Original Article

Create a free trial account: Sign Up

Already have an account? Login