The U.S. energy storage market installed a record 3.3 gigawatts (GW)/8.4 gigawatt-hours (GWh) of battery energy storage systems in Q1 2026, surpassing the previous Q1 record by 54% with utility, commercial, and residential installations all hitting new highs, according to the latest����released today by the 911������ Association (911������) and Wood Mackenzie.

Utility-scale activity dominated, with more than 2.3 GW/6.8 GWh installed in Q1 2026. Q1 growth was largely driven by 2025 project delays as developers focused on meeting tax incentive eligibility deadlines for pipeline projects in the second half of 2025. Texas, California and Arizona continued to top the charts, but new markets with vertically integrated utilities also gained traction, particularly in Michigan and Georgia.

The Community, Commercial and Industrial (CCI) sector installed 97.7 MW in Q1 2026 (up 27% quarter-over-quarter), driven by California’s 75 MW. Continued growth is expected in the Illinois, Maryland, Massachusetts and New York community storage markets, with over 215 MW in the collective project pipeline.

The residential segment installed a record 1.3 GWh in Q1 2026, up 86% y-o-y and 5% q-o-q, with volumes buoyed by an overflow of installations initiated at the end of 2025 to capture the expiring Section 25D tax credit. California, Texas, Hawaii and Arizona had the largest q-o-q increases in storage capacity deployed in the first quarter.

“The industry is delivering on what the market needs—fast, flexible power that supports load growth, resource adequacy, and a modern grid,” said John Hensley, SVP of Market and Policy Analysis at 911������. “These record-breaking battery storage installations underscore the critical role storage plays in maintaining grid reliability and the strong value that utilities, corporate purchasers, and grid operators see in the technology.”

U.S. storage market to nearly quadruple over next six years

Battery energy storage system installations are projected to reach 200 GW/655 GWh of cumulative installed energy storage capacity by 2031, driven mainly by the utility sector, which will make up 85% of installations between 2026 and 2031.

“Co-location and contracting with large loads will be a key market driver for the foreseeable future,” said Allison Feeney, research analyst at Wood Mackenzie. “Utility-scale is poised for the most explosive expansion, but the CCI market will grow a steady 26% by 2031 as well. Despite a strong start to the year, we do see residential contraction 5% in 2026, due to constraints in tax equity availability, and updated permitting rules.”

Trade restrictions could cause bottlenecks

With foreign entity of concern (FEOC) restrictions now in force, the challenge of securing FEOC-compliant equipment and safe harbored capacity will be a critical developmental bottleneck over the next 2-4 years.

Allison Weis, Global Head of Storage at Wood Mackenzie, said: “Developers with mature pipelines and available capital rushed to safe harbor their pipelines in late 2025 and will now work to secure long-term supply agreements with domestic manufacturers for the rest of their pipeline. Lower tier developers either face acquisition or turn to low-cost Chinese OEMs. Battery energy storage cell manufacturers will work to secure limited FEOC-compliant cell components to qualify for the 45X tax credit, a key factor in maintaining cost competitiveness with China.”

Sensible trade policies that support rather than undermine supply chains can enable domestic supply chain development. 911������’s annual��State of Clean Energy Manufacturing report��found that most of the critical battery storage supply chain could be domestically supplied by the end of the decade, based on facilities currently under construction and announced investments.

Notable Market Developments:

• The CCI sector grew 193% year-over-year in Q1 2026, the strongest Q1 on record for the sector. California alone accounted for 75 MW of the 97.7 MW installed.
• The national residential solar-plus-storage attachment rate reached��45% in Q1 2026, up from 38% in Q1 2025, reflecting growing consumer demand for paired solar and storage installations.
• The U.S. is projected to install��146 GW/499 GWh��of new storage capacity between 2026 and 2031, underscoring the scale of the build-out ahead as the grid modernizes to meet rising load.

The post U.S. Energy Storage Market Q1 2026 Sets Records Across Sectors appeared first on 911������.

Even the most attentive supply chain expert may��struggle to keep up with the many tariff announcements and complex sourcing dynamics affecting the American clean power industry over the past year.��They continue to��obstruct��the power industry’s��ability to meet growing energy demand and affordably serve customers. Yet a bright spot��remains: the onshoring of the clean energy supply chain, a trend building since 2022.��

Last year’s��inaugural��State of Clean Energy Manufacturing in America��report��found that��federal energy incentives drove an immediate response to build in America.��This year’s��report��finds��that��this��momentum has continued, particularly in the downstream solar and storage supply chain, with 70 new manufacturing facilities coming online��in the��past year alone.��

American Jobs Energizing Communities��

The U.S. now has over 825 facilities supporting the clean energy supply chain, directly employing 50,000+ Americans. But that’s just the start of the economic picture.

These facilities don’t operate in a vacuum, they pull in a vast network of suppliers providing everything from the steel and concrete in the ground to the bolts, screws, wires, and glass that go into each component. That demand drives additional work for trucking and shipping companies, accounting and law firms, and construction companies among others in the broader supply chain ecosystem.

And when workers at a wind tower facility in Colorado, a solar tracking line in Pennsylvania, or a lithium mine in Nevada bring home a paycheck, that money doesn’t stay in their pockets.����It flows into their communities, supporting the grocery store cashier, the restaurant server, the gym owner, and the car dealer.

Add it all up, and the clean energy manufacturing sector supports over 215,000 jobs, $31B in GDP, and $61B in spending injected into the U.S. economy.��

Building American Energy Dominance��

2025��marked a new milestone: the U.S. now has the production capability to manufacture and assemble all��types of��downstream components domestically across technologies. This includes��modules for both solar and storage��(effectively the wiring and assembly of energy cells),��wind nacelles,��and��wind turbine��towers.����

This full downstream capability��is essential��for upstream supply chain development. It��creates the economic conditions to incentivize upstream production��so that��U.S. manufacturers can��start to produce��more:��crystalline silicon cells, ingots, wafers, and polysilicon for solar��and more��cells, anode and cathode active materials, graphite, and lithium for battery storage.����

911������’s data shows that most of the critical battery storage supply chain could be domestically supplied by��the��end of��the��decade, based on facilities currently under construction and announced investments.��America is on track to exceed 950+ facilities across technologies by 2030, bringing new projects and new opportunities to communities while��establishing��a stable, long-term workforce.

Trade Policies to��Protect American Industry��

But that trajectory depends on��sensible trade policies that��support and do not undermine��supply chains. Clean energy manufacturing��is booming��thanks to��two reinforcing drivers��–��first,��broad deployment of solar, wind, and storage across the country, and��second,��federal incentives that reward onshoring. Undermining clean power through��inefficient��federal action, including unclear tariff and trade policies,��curbs��demand��and thus stands in the way of��one of the clearest success stories in the American manufacturing renaissance.��

Broad tariff action across an entire supply chain can carry unintended consequences. Onshoring works by starting downstream and building upstream. Tariffing the upstream components while the downstream facilities that rely on them are still maturing undermines the very factories American has invested in – and benefitted from.��

The result is a lose-lose: either we can’t build sufficient generation capacity to meet rising electricity demand and forfeit the economic gains of an electrifying economy, or we can meet load – but at unnecessarily higher costs to customers.��

Onshoring the clean energy supply chain is central to U.S. competitiveness and energy security.��The data is clear: it can be done, but it requires smart, consistent support and investment that protects both American industry and electricity customers.��

911������’s second annual State of Clean Energy Manufacturing Report provides deep insights on how domestic clean energy manufacturing is powering America’s economic prosperity, generating revenue, supporting jobs, and strengthening energy independence.

Download the Report Now

��

The post American Energy Manufacturing: Growth, Jobs, and Competitiveness appeared first on 911������.

But��even more��is��on the way.��911������’s��Power��Capacity��Outlook expects��over 80% of��new��power��installations��through 2030 to be clean energy��– new electrons��that��meet��rising��demand��and��increase��reliability��are��overwhelmingly clean electrons.����

The strongest��trends? Clean power delivering��for Americans:����

1. Strong annual deployments continue.��At the end of 2025, the U.S.��reached��a record high of 188 GW of clean power in��the pipeline.��Consultant forecasts anticipate between 46-62 GW��more on the way��by the end of��this year,��keeping��2026 on par with��record-breaking 2024 and 2025.��The strength of deployments is heavily��determined��by a market and policy environment from earlier in the decade, as development decisions are��finalized��years��ahead of��projects��coming online.
   
   

2. Natural gas prices spike, clean energy users save.��Wholesale electricity rates rose��41% on average��in 2025, primarily��due to��higher natural gas prices and demand spikes during extreme weather events. The Northeast, a region highly dependent on natural gas,��had an��average year-over-year wholesale electricity price increase of 60%, while��regions with less natural gas dependency and higher clean energy penetration saw an average��increase��of only 13%.��With��natural gas prices��still on the rise and��an��increasing likelihood��of��extreme��weather��events,��the role of clean��energy��in��derisking wholesale prices��has never been more��critical.��

3. Battery storage capacity is on track to break 50 GW.��Battery energy storage systems (BESS) closed out 2025 with 45 GW/126 GWh of capacity in operation. Across the nation, battery storage deployments have grown exponentially, rising an average of 86% each year since 2020. At that pace, BESS is expected to surpass the 50 GW milestone by the end of this year.����
4. Utility-scale solar will overtake land-based wind in total operational capacity. Land-based wind has historically dominated U.S. clean power capacity. But the winds are shifting – operational land-based wind ended 2025 at nearly 161 GW while utility-scale solar reached 157 GW. Annual installations for utility-scale solar have been at least three times greater than the annual installations for land-based wind over the past three years. If this trend continues, utility-scale solar will take over as the leader in operational clean power capacity by the end of 2026.�� ��
5. Offshore wind is set to overcome barriers and support the grid. Despite regulatory and developmental hurdles, five commercial-scale offshore wind projects representing 6 GW are nearing completion. Three of the projects have already begun delivering power to the grid, two of which hit first power within the first quarter of 2026. With current operational offshore wind capacity at just 174 MW, this new capacity will provide a major boost to the northeastern grid.�� ��
6. Ten states are doubling operational capacity.��Ten U.S.��states have enough clean power in the pipeline to more than double their current operational capacity in the coming years: Alabama, Arizona, Delaware, Kentucky, Massachusetts, Maryland, New Jersey, New York, Tennessee, and Virginia.��Three of those��ten (Arizona, New York, and Virginia)��currently��have more than 5 GW in the pipeline.
   
   

7. Total share of natural gas generation fell.��Despite adding��4 GW��of��net��operational capacity��in 2025 (culminating in��a total��of��578 GW), natural gas’ share of total electricity generation in the U.S. fell from 43% to 40%.����This is��thanks in part to��an��influx of��clean energy��to the grid displacing��natural��gas generation during high demand��hours��–��power from solar and batteries��during the day and early��evening��reduced��the��need for natural gas��generation.��

Dive��deeper��into��these insights��in 911������’s��Annual Clean Power Market Report.����

Want to learn more about��the latest clean power��trends?��Join��911��������in��Houston on June 1-4 for��CLEANPOWER, the industry’s premier event for��cutting-edge��discussions about bringing new electrons onto the grid.��Be a part of charting America’s energy future with top companies, experts, policymakers, and leaders across all types of energy.����

The post Powering Up: 911������’s Top Trends appeared first on 911������.

Washington, D.C. April 28, 2026��—��The��U.S. clean power industry��delivered��a year of sustained growth,��according to the latest��Annual��Clean Power Market��Report��from��the��911������ Association (911������).��In��2025, the clean power sector invested��$79��billion��in new projects, supported more than 1.4��million jobs, and accounted for over 90% of all new electricity capacity added to the grid.��

“America’s clean power industry is delivering the energy the economy needs to thrive,”��said��911������ CEO Jason Grumet. “As our 2025 Annual��Market��Report demonstrates, we are not only meeting growing electricity demand��—��we are building an energy future that is made in America, benefits local communities, and��powers��our global competitiveness.”��

U.S. Clean Power by the Numbers in 2025:����

• Over 90%��of New��Power:��Utility-scale solar, wind, and energy storage accounted for��91% of all new��power capacity connected to the U.S. grid, delivering over��50��gigawatts of new supply – enough to power��roughly 7��million homes.��������

• $150 Billion��Economic Driver:��The U.S. clean power industry contributed��over��$150 billion��to the U.S. economy��in 2025.��

• Powering��Rural��America:��Clean��power’s��363 GW of operational projects��generates��approximately��$3 billion��annually in state and local tax revenue��and��$3.2 billion��in land lease payments��that��provide reliable income to landowners.��

• 1.4��Million��Jobs Supported:��In 2025,��the clean power industry directly employed more��than��437,000 Americans��– and��broader economic activity��around the clean energy��sector means the��industry supports��more than 1.4��million jobs nationwide.��

• Above-Average��Wages:��Americans directly employed��by��the industry earned over $78,000 on average in 2025,��15%��higher than the national average.����

• Non-Partisan��Investment:��Clean power projects��can be found in all 50 states and��89% of congressional districts.��Notably, 79% of installed clean power capacity��is in��districts represented by Republicans.��

Trends��We’re��Tracking��in��2026:����

• Record Growth Accelerating:��Market watchers��anticipate��between 46-62 GW of clean power installations for the coming year, accounting for around 90% of all new power additions. This could be enough wind and solar capacity to power as many as 10.5 million homes, but the buildout coming to fruition hinges on the resolution of federal permitting challenges that are currently obstructing projects from progressing through the process.������

• States��Are��Stepping��Up:��Texas will be the first state to reach 100 GW of clean power capacity, but other states are also seeing accelerated growth.��Oklahoma, Iowa, Florida, Illinois, and Arizona each have enough pipeline capacity to surpass 15 GW operational over the coming year.��

• Battery��Storage Hits Its Stride:��The technology ended 2025 with 45 GW / 126 GWh of capacity in operation, and forecasts expect new battery storage capacity to��push��operational capacity over 50 GW��this year.����
• Offshore��Wind��Delivering:��Despite��unlawful��federal pushback,��offshore wind projects have already begun delivering power to the grid in 2026. A��third��of projects��are��close to��completion,��and two more��are��advancing��through construction milestones.����

The post REPORT: Clean Power Grew U.S. Economy by $150B and Supported 1.4M Jobs in 2025 appeared first on 911������.

MINNEAPOLIS, MN (May 7, 2024) – In an impressive start to the year, the 911������ Association (911������) revealed that the U.S. utility-scale solar, wind, and storage sectors added a combined 5,585 megawatts (MW) of new capacity in the first quarter of 2024, marking an increase of 28% compared to installations in the same period a year ago. These additions are enough to power 1 million homes with clean energy.��

911������’s new Clean Power Quarterly Market Report | Q1 2024 finds the industry also reached significant milestones in the first quarter: utility-scale solar surpassed 100 gigawatts (GW) of installed capacity, and the first offshore wind project in federal waters began supplying 132 MW of clean, reliable power to the grid.����

“The first quarter of 2024 set the pace for the year, underscoring both an industry that continues to break barriers and the increasing demand for clean energy solutions,” said John Hensley, 911������’s VP of Markets and Policy Analysis. “Crossing the 100 GW milestone for solar, launching groundbreaking projects like South Fork Wind, and a record-setting pace of new contracts for clean energy are clear indicators of the public’s demand to bolster the grid with domestic, reliable and affordable clean energy.”��

Key highlights from the Q1 2024 report include:��

• Utility-Scale Solar Hits Major Milestone: For the first time, operating utility-scale solar capacity surpassed 100 GW.
  • It took 18 years to build the first 50 GW of U.S. solar capacity, but just four years to double to 100 GW.
  • A substantial 4,557 MW of new solar capacity was added in Q1 2024, contributing to the U.S. climbing to over 100,547 MW of installed utility-scale solar.
  • Nearly 40% of the newly installed solar in Q1 came online in Florida.
• Historic Offshore Wind Deployment: The commissioning of the South Fork Wind project in March, the first large-scale offshore wind initiative in federal waters, added 132 MW of capacity off the coast of New York.
• Significant Increase in Clean Power Procurement: Clean power procurement saw a robust 52% increase from Q1 2023, with 7,773 MW of new Power Purchase Agreements (PPAs) as utilities and corporate buyers pursue renewables to power their businesses. This surge reflects growing confidence and demand for clean energy.

The clean energy future keeps getting brighter, with the clean power pipeline expanding to nearly 175 GW—the highest amount on record. The robust expansion of the pipeline can be attributed to battery storage and solar, which have grown at an average rate of 11% and 4% per quarter since the second quarter of 2022.��

While energy storage deployments were flat compared to the same period in the previous year, the pipeline for new storage projects increased by 61% year-over-year to 31.6 GW in the near-term pipeline, indicating strong future growth.��

The land-based wind market, despite a lackluster quarter, also saw its project pipeline expand, increasing 37% year-over-year to 13.7 GW. Wyoming and New Mexico are leading the charge for the technology, supplanting long-time market leader Texas.��

U.S. clean power capacity now stands at 269,878 MW—enough to power more than 68 million American homes.��

Read more about today’s clean energy industry trends in the Clean Power Quarterly Market Report | Q1 2024.��

The post NEW REPORT: US Clean Energy Industry Reports Milestones, Strong Growth in Q1 appeared first on 911������.

WASHINGTON, D.C., February 26, 2024 — As the comments period comes to a close on the U.S. Treasury Department’s proposed guidance on clean energy investment and production tax credits for green hydrogen projects, a new study conducted by global energy and natural resources research and consulting firm Wood Mackenzie and commissioned by the 911������ Association (911������) shows the Administration’s guidelines requiring hourly matching starting in 2028 will limit the ability of the green hydrogen industry to get off the ground.

Green hydrogen, produced using renewable electricity, is critical to decarbonizing the U.S. economy. The Department of Energy estimates low-carbon hydrogen can eliminate 10 percent of economy-wide emissions by 2050. While Treasury’s 45V tax credits are intended to catalyze the still-nascent low-carbon hydrogen industry in the U.S., the new study released today finds the Administration’s proposed guidelines will stifle green hydrogen deployment by making it too expensive.

Wood Mackenzie’s analysis finds that 911������’s proposal, issued in June 2023, leads to significantly more green hydrogen deployment by 2032 and puts the industry closer to the pathway required to achieve a net-zero emissions economy. Wood Mackenzie also concluded that the annual matching regime for first movers in 911������’s proposal would not lead to additional emissions. In fact, the Treasury proposal is expected to result in higher hydrogen emissions impacts due to the greater adoption of blue hydrogen that results from the lack of green hydrogen deployment.

Even under 911������’s proposed rules, the report stresses that more support is needed to achieve net-zero emissions economy-wide, or low-carbon hydrogen production targets such as those envisioned in DOE’s The fledgling sector faces challenging market conditions.

“Green hydrogen is an important part of the U.S. decarbonization journey, but electrolyzer technology needs time to scale. Regardless of what time-matching guidelines are imposed, the market conditions for green hydrogen are challenging. It’s clear from our analysis that hydrogen will require support well into the 2030s, and that a more stringent temporal matching regime will result in reduced green hydrogen deployment,” said Wood Mackenzie’s Head of Global Hydrogen Consulting Melany Vargas.

“Getting this guidance right will determine whether a U.S. green hydrogen industry moves forward in the next decade. Green hydrogen is essential to addressing the climate crisis without harming American manufacturing. This study demonstrates that the current Treasury proposal will not achieve the economic or environmental goals articulated by Congress or the Administration,” said 911������ CEO Jason Grumet. “If Treasury takes a close look at this data and the numerous analyses from companies hoping to invest billions of dollars in green hydrogen facilities, we believe they will make the changes necessary to get this industry off the ground.”

Wood Mackenzie’s study can be found here: /resources/45v-implications-on-green-hydrogen-industry

The post New Study Finds Treasury’s Proposed Time-Matching Rules Would Stifle Adoption of Green Hydrogen appeared first on 911������.

Image: U.S. Annual and Cumulative Clean Power Capacity Growth. Source: Clean Power Quarterly Market Report | Q3 2023

�´���������Ұհ��� D��, November 1 –��The 911������ Association (911������) today released the Clean Power Quarterly Market Report | Q3 2023, showing that the industry brought online 5,551 megawatts (MW) of utility-scale clean power capacity in the third quarter of 2023, enough to power 813,000 American homes. Third quarter installations increased 13% over the same period in 2022 and set a record for the strongest third quarter to date. Across the country, clean energy developers began commercial operations at 88 projects across 24 states.

The U.S. now has over 243 gigawatts (GW) of operating clean power, providing over 16% of U.S. electricity, enough electricity to power the equivalent of nearly 65 million homes.

“The demand for American clean energy is undeniable,” said 911������ CEO Jason Grumet. “Even as we face a number of near-term challenges, these record-breaking numbers tell us that the U.S. clean energy sector continues to grow on a healthy, long-term trajectory.”

Grid-scale battery storage is being installed rapidly, having already exceeded total 2022 installations in just nine months. The industry connected 2,142 MW / 6,227 MWh of storage in the third quarter, bringing year-to-date installations to 4,374 MW / 13,444 MWh. Solar installed 3,121 MW in the quarter, outpacing the rate of installations in 2022 but slightly behind 2021 volumes. Just 288 MW of land-based wind capacity were commissioned in the third quarter, a 77% decline year-over-year. Year-to-date installations of solar, wind, and storage fell 6% as a slow first quarter and a sharp decrease in third quarter wind capacity additions contributed to the decline in year-to-date installation volumes.

Clean Power Pipeline: Projects Under Construction or in Advanced Development

While the full impacts of the Inflation Reduction Act (IRA) are yet to be determined, the IRA’s effect on the clean energy industry is evidenced by the growth in utility-scale project development pipeline. As of the end of Q3 2023, the project pipeline increased 10% year-over-year to 145,545 MW. There are currently 59,568 MW under construction and 85,977 MW in advanced development. The battery storage pipeline is strongest, having grown by an impressive 50% year-over-year, while the solar pipeline increased 8%.

Clean Power Procurement

Although quarterly installation levels surpassed 2022 levels in Q2 and Q3 of this year, power purchase agreement (PPA) announcements remain tepid amidst market headwinds. In the third quarter, 3.1 GW of PPAs were announced, a 55% drop from the same period in 2022.

Key Highlights | Q3 2023

• Installations: Developers began commercial operations at 88 projects across 24 states in Q3. The industry installed 5,551 MW of utility-scale clean energy in Q3, representing enough power for 813,000 American homes.
• Pipeline: Solar continues to dominate the project pipeline, accounting for 58% of clean power capacity currently under development. Battery storage and land-based wind each represent 15% of the pipeline, with offshore wind making up 12%.
• Sector Snapshot: Overall, solar led the quarter with 3,121 MW of installations, with battery and land-based wind following at 2,142 MW and 288 MW, respectively.
• Delays: Since the end of 2021, over 56 GW of clean power capacity has been delayed. This includes 16,639 MW of projects that were expected to come online during the first three quarters of 2023.
  • Accounting for 67% of all delays, solar projects appear to be most impacted.
  • On average, projects are delayed by 14 months.
• Power Purchase Agreements: Through Q3 of 2023, solar comprised 59% of all PPA announcements while land-based wind represented 32%.
  • Compared to Q3 of 2022, solar PPA announcements for this quarter decreased by 59%, wind by 21%, and battery storage by 55%.
• Progress to Date: Across the U.S., cumulative operating clean power capacity now stands at over 243 GW, accounting for 16% of total electricity generation.
  • California, a leader in clean energy, accounted for 1,900 MW (34% of clean power commissioned in Q3), while Texas and Arizona took the second and third spots, with 949 MW and 516 MW respectively.
  • Cumulatively in 2023, California leads the nation with 3,031 MW installed, followed by Texas, which added 2,381 MW to the grid and Florida, which added 1,578 MW.

A scaled-down version of the report is available to the public, with 911������ membership granting access to the full Clean Power Quarterly Market Report | Q3 2023.

The post NEW REPORT: Record Third Quarter for US Clean Energy Installations appeared first on 911������.

Right now, wind and solar projects pay an estimated $2.8 billion a year in landowner lease payments and state and local taxes. Accelerated clean energy deployment in the U.S. will deliver even more economic benefits and bring in new revenue to communities across America.�� Look for no further proof than a recent report that found that renewable energy and battery storage projects are generating tens of billions of dollars in tax revenue and landowner payments in Texas, 60 percent of which benefits rural counties.

The , written by University of Texas Austin and IdeasSmiths’ Dr. Joshua Rhodes and released by the Advanced Power Alliance (APA), Conservative Texans for Energy Innovation and the Texas Association of Business, showcases how tax revenue and landowner payments are making an impact in Texas communities. The “Economic Impact of Renewable Energy in Rural Texas” report found:����

• Over their lifetime, the current fleet of utility-scale wind and solar projects in Texas will generate between $4.7 billion and $5.7 billion in new tax revenue to local communities��
• If all projects with interconnection agreements are built, existing and planned utility-scale wind and solar projects will pay between $8.1 billion and $10 billion in total tax revenue over their lifetimes��
• A county in Texas could expect to receive between $9.4 million and $13.1 million in lifetime taxes (including school taxes) for a 100 megawatt (MW) solar project located in its boundaries and between $16.8 million and $20.3 million for a 100 MW wind project.����
• A Texas landowner could expect to collect between $16.2 million and $33 million in payments over the lifetime of a 100 MW wind farm, depending on the length of contract and location in the state.����
• A Texas landowner could expect to collect between $5.2 and $27.7 million in payments over the lifetime of a 100 MW solar farm, depending on the length of the contract and location in the state.��

In addition to providing reliable and affordable domestic energy to Texans, clean power projects are generating economic opportunities to localities and landowners. As the country’s long-time clean energy leader, the Lone Star State has reaped huge benefits from wind, like tens of thousands of well-paying jobs and significant economic development in rural communities.��

Investing in clean energy and transmission can empower rural America by creating new jobs and spurring billions of dollars in economic activity and in in the process, create a healthier environment with zero-emissions clean energy. This new report highlights the significant economic boost rural economies can expect as clean power growth accelerates across the country.

To learn more and download the report, visit the .����

��

The post Clean Energy Powers Economic Growth in Texas appeared first on 911������.

It was a record first quarter for the industry as clean power owners and developers installed more than 6.6 gigawatts (GW) of new capacity in the United States. While a record first quarter is worth celebrating, the industry experienced slowing growth with projects coming online, projects starting development, and power purchase agreement (PPA) announcements. ��

Below are the top five takeaways from U.S. clean power activity in the first three months of the year.

1. Clean power deployments remain strong, but begin to slow

In the first quarter of 2022, the industry installed 6,619 megawatts (MW) of utility-scale clean power capacity – enough to power 1.4 million American homes. The record capacity is largely due to gains in battery storage installation, with storage installations up 173%, solar installations up 11%, and wind installations down 3%, as compared to the first quarter of 2021. Nearly 3 GW of new solar capacity came online this quarter, along with 2,865 MW of land-based wind and 758 MW/2,537 MWh of battery storage capacity. The 90 new projects added to the grid represent $9.3 billion in capital investments.����

Developers commissioned 90 new project phases across 24 states this quarter. Texas, a longtime renewable energy leader, led the nation in clean power additions with 1,528 MW of new capacity, followed by Oklahoma (998 MW), California (858 MW), Nevada (645 MW), and Florida (638 MW).��

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. To reach a net-zero grid by 2035, the industry must be ramping up installations – not slowing down.����

2. Industry headwinds begin to impact the development pipeline

The myriad challenges facing the industry – supply chain-related issues, ongoing uncertainty from the Department of Commerce’s solar tariff case, and unnecessary policy uncertainty – are starting to impact the development pipeline. While the industry currently sits on a record volume of clean power capacity in the pipeline, the rate of growth of that pipeline is slowing.����

The clean power pipeline grew by just 4% during the first quarter, much lower than the 12% quarterly growth experienced throughout 2021. There are almost 1,100 projects in the U.S. pipeline, for a total capacity of 125,476 MW. This includes 40,522 MW under construction and 84,953 MW in advanced development across America. Of that, solar accounts for 56% of all clean power capacity in development with 69,971 MW. Land-based wind accounts for 19% of the pipeline (23,346 MW), offshore wind represents 14% (17,458 MW), and storage claims the remaining 12% (14,701 MW).��

Texas, with 21,974 MW in development, is the top state with clean energy projects underway. The Lone Star State represents nearly a fifth of the total pipeline. California sits in second with 14,114 MW, followed by New York (8,750 MW), and Virginia (6,439 MW).����

Trade and tariff concerns, along with lingering supply chain disruptions, challenge the timeline and ultimate fate of many projects in the pipeline. Over 6.5 GW of projects were delayed this quarter, and 8.2 GW of projects that were expected online in 2021 have yet to reach operation. In total, 14.8 GW of capacity has been delayed as of the end of the quarter. On average, project developers are expecting delays of 7 months.

3. Clean power purchasers are more hesitant��

Clean power procurement activity slowed during the first quarter. Uncertainties in project development prospects and timelines may have led buyers of clean power to be more cautious in signing new offtake agreements. For the quarter, companies announced 6,339 MW of new PPAs – down 10% from last quarter and 15% from the first quarter of 2021.��

Corporate buyers were among those more hesitant to sign on to new clean power PPAs. Commercial & Industrial (C&I) offtakers announced 3,309 MW of new PPAs this quarter, a notable 46% decline from the first quarter of last year. Verizon, announcing 859 MW of new PPAs, was the top corporate purchaser this quarter. The Markley Group came second with 400 MW of PPAs for solar projects signed, and QTS Reality Trust was third with 350 MW of solar PPAs. On the other hand, utilities increased PPA announcements by 53% compared to the first quarter of last year, with 2,513 MW announced. In total, 15 utilities announced PPAs this quarter.��

4. PPA prices are on the rise

According to LevelTen, PPA prices rose across all regions and technologies this quarter due to supply chain disruptions and increasing prices of commodities and labor. The war in Ukraine has also impacted the PPA market. Increased gas prices have caused transportation and component assembly costs to rise along every step of the supply chain, which in turn has had a cascading effect on prices for clean power developers.����

Additionally, regulatory uncertainty both regionally and nationally has increased prices. ERCOT, PJM, and other regions have enacted and repealed pricing mechanisms, creating new challenges for PPA pricing. Legislation that would drive clean energy deployment and job creation remains stalled in Congress, adding ambiguity as to if and when the tax credits included in the act will come to fruition. Finally, the Auxin Solar case has caused profound uncertainty for U.S. solar developers.��

Together, these headwinds have caused uncertainty for developers when setting PPA prices ahead of projects starting construction. For solar, the market average PPA index rose 6% in the first quarter and 15.8% year over year. Wind experienced even more significant increases. The market average price increased by 13.5% since the fourth quarter of 2021 and increased 41.5% year over year.����

Even though PPA prices are rising, so are wholesale electricity prices, helping PPAs remain attractive to buyers.����

5. The Department of Commerce’s solar inquiry threatens future projects and American solar jobs

While solar installations slowed in the first quarter of 2022 due to pandemic-related challenges in the supply chain, inflation, trade risks, and lack of regulatory certainty, the industry is facing another significant obstacle beyond Q1 with the Department of Commerce’s inquiry into solar manufacturing in Southeast Asia.��

This March, the Department of Commerce initiated a review of a petition to apply anti-dumping and countervailing duties against solar module manufacturers located in Southeast Asia, which could ultimately result in retroactively-applied tariffs on up to 80% of solar imports. The uncertainty caused by this unwarranted trade case is having a devastating impact on the U.S. solar industry and its domestic workforce, and is dramatically undercutting the Administration’s emissions and clean energy goals.����

In response to the inquiry, 911������ surveyed leading utility-solar developers representing 150 active U.S. projects to gather a sample of the market impacts this inquiry is already having on crystalline-silicon PV projects. The survey found that the inquiry has had a chilling effect on the U.S. solar industry – both immediately and over the next two years.����

According to 911������’s market impact survey, at least 65% of the projected crystalline silicon (c-si) market across 2022-2023 is already at risk of cancellation or delay. The most common reason for delay or cancellation is the lack of module availability. Prior to Commerce’s decision to initiate this inquiry, market researchers anticipated 17 GWdc of utility-scale solar capacity to be added to the grid in 2022 and nearly 20 GWdc in 2023.��

While the inquiry is ongoing, on June 6th President Joe Biden issued an executive order ensuring that no new tariffs can be enforced on solar imports for 24 months, restoring some certainty to these projects and the solar industry. More information is needed on the impact of this executive action on solar projects moving forward and on the results from 911������’s market impact survey.��

A speedy resolution to Commerce’s trade case – coupled with legislation stalled in Washington that, if passed, would spur investments in clean energy throughout the country – can unleash our clean energy potential and secure our energy future. Such action would accelerate the development of clean energy projects in the pipeline now and in the future and drive us toward reaching our nation’s climate goals while delivering over 1 million clean energy jobs by 2030 and numerous economic benefits.������

911������ uses its proprietary flagship database, CleanPowerIQ, to closely track clean power activity across the nation and provide members with real-time information on the status of clean power projects and manufacturing facilities. CleanPowerIQ data is used to generate 911������s market reports.��

911������ Members can dive into more market data and trends from the quarter by downloading the full Clean Power Quarterly Market Report Q1 2022 on our website. To gain access to all of 911������’s member resources, inquire about becoming a member on our website.����

The post Clean Energy Sees Strong Start to 2022, But Policy Uncertainty Threatens Future U.S. Growth appeared first on 911������.