The American Clean Power Association (ACP) released its Clean Power Quarterly Market Report for the second quarter of 2024. U.S. developers added 11 GW of new utility-scale clean power capacity, marking a 91% increase from the second quarter of 2023.
The quarter brought year-to-date installations up to 19 GW, more than double the five-year average for first half installations. Highlights are:
- Historic volume of offshore wind under construction: The second quarter of 2024 set a record for the most offshore wind capacity under construction, with more than 4 GW of capacity.
- Onshore wind recovery: At mid-2024, 5.5 GW more onshore wind projects were under construction than at the same point in 2023, bringing the total volume under construction up to more than 14 GW.
- Texas takes the lead: For the first time, Texas has surpassed California as the nation's leading state for utility-scale solar capacity. With 1,656 MW added this quarter, Texas now boasts 21,932 MW of operating solar power.
- Energy storage surges past milestones: The U.S. energy storage sector celebrated surpassing 20 GW of total operational capacity, adding 2.9 GW this quarter to reach a total of 21.6 GW.
- Robust clean power pipeline: The annual growth in the clean power pipeline increased by 13% from the previous year, with significant expansions expected in offshore wind (OSW) in the coming months.
