Clean power industry installs a record 6.6 GW of capacity in the first quarter.
The record capacity is largely due to gains in battery storage installation, with battery storage installations up 173%, solar installations up 11%, and wind installations down 3%, as compared to the first quarter of 2021. While these gains contributed to a record first quarter for clean power installations, the rate of growth slowed to 11% in the first quarter of 2022, compared to the 50% year-over-year growth rate reported between 2019 and 2021.
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Our Clean Power Quarterly provides a snapshot view of the latest U.S. utility wind, solar, and battery storage industry activity and trends. The report includes first quarter installations, projects under construction and in advanced development, new power purchase agreements, OEM market share, project acquisition activity, offshore wind energy activity, and much, much more.
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Webinar: Clean Power Quarterly Market Report Q1 2022
Join ACP experts at a live webinar to dive deeper into comprehensive research on U.S. clean energy markets, deployments, policies, regulations, and financing found in both the Clean Power Quarterly Market Report Q1 2022 and the Clean Power Annual Market Report 2021.
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