Installations of renewable vitality tasks hit 19 GW of technology capability by means of the primary half of 2024, greater than double the five-year common for that point interval, based on a report from the American Clear Energy Affiliation (ACP).
The ACP on September 5 launched its “Clear Energy Quarterly Market Report | Q2 2024,” and mentioned the info reveals “extraordinary development and milestones throughout the U.S. clear energy panorama.” The group mentioned that “In a record-breaking second quarter, U.S. builders added 11 gigawatts (GW) of latest utility-scale clear energy capability, marking a 91% improve from Q2 2023.”
The group mentioned the second half of most years is often stronger than the primary half for additions of fresh vitality tasks, saying “the stage is ready for a second consecutive record-breaking yr in 2024.” ACP’s report mentioned greater than 283 GW of renewable vitality, together with vitality storage, is now operational throughout the U.S.
“Clear vitality is answering the decision to unleash extra American vitality, with one other file quarter of deployment,” mentioned ACP CEO Jason Grumet. “Whereas all clear vitality applied sciences are increasing their market share, vitality storage is scaling at a shocking pace and has surpassed 20 GW of working capability.”
Grumet added, “With quickly rising demand and the necessity to make important strides in decarbonizing our financial system, the stakes are excessive. Our current progress is encouraging, however we’re not transferring quick sufficient. ACP is dedicated to working with all stakeholders and policymakers to speed up progress towards a safe, dependable, and clear vitality future.”
The report was launched simply days earlier than the beginning of RE+, the clear vitality sector’s largest commerce present. POWER is a accomplice with RE+, and for a 3rd yr has printed a complement to the occasion. This yr’s RE+ is ready for September 9 by means of 12 in Anaheim, California.
Report Highlights
ACP highlighted a number of information factors in its report. The group mentioned builders added greater than 11 GW of latest utility-scale photo voltaic, storage, and wind energy capability within the second quarter, 91% greater than what was put in throughout the identical interval in 2023.
The group famous that Texas for the primary time surpassed California because the nation’s main state for utility-scale photo voltaic capability. Texas added 1,656 MW of solar energy capability within the April-June interval; ACP mentioned the state now has 21,932 MW of working solar energy.
The U.S. vitality storage sector surpassed 20 GW of whole operational capability, including 2.9 GW within the second quarter attain a complete of 21.6 GW.
ACP’s report reveals that annual development within the clear energy pipeline rose by 13% from 2023. It additionally famous that “important expansions [are] anticipated in offshore wind within the coming months,” after a second quarter that noticed greater than 4 GW of capability underneath development.
Onshore wind additionally continues its upward trajectory, with 5.5 GW extra onshore wind tasks underneath development at mid-year than on the similar level in 2023. The overall technology capability of onshore wind underneath development throughout the U.S. is greater than 14 GW, based on the group.
—Darrell Proctor is senior editor for POWER (@POWERmagazine).
