The American Clear Energy Affiliation (ACP) reported that the U.S. utility-scale photo voltaic, wind and storage sectors added a mixed 5,585 MW of latest capability within the first quarter of 2024, marking a rise of 28% in comparison with installations in the identical interval a 12 months in the past.
The affiliation’s “Clear Energy Quarterly Market Report Q1 2024” additionally discovered that utility-scale photo voltaic surpassed 100 GW of put in capability, and the primary offshore wind undertaking in federal waters started supplying 132 MW of energy to the grid.
“The primary quarter of 2024 set the tempo for the 12 months, underscoring each an trade that continues to interrupt limitations and the rising demand for clear power options,” says ACP’s John Hensley.
“Crossing the 100 GW milestone for photo voltaic, launching groundbreaking initiatives like South Fork Wind, and a record-setting tempo of latest contracts for clear power are clear indicators of the general public’s demand to bolster the grid with home, dependable and reasonably priced clear power.”
The affiliation says the home clear energy pipeline has expanded to just about 175 GW, primarily attributed to battery storage and photo voltaic. Whereas power storage deployments had been flat in comparison with the identical interval within the earlier 12 months, the pipeline for brand spanking new storage initiatives elevated by 61% year-over-year to 31.6 GW. The land-based wind market additionally noticed its undertaking pipeline develop, rising 37% year-over-year to 13.7 GW.
U.S. clear energy capability now stands at 269,878 MW, the affiliation added.
