July 31, 2018 Read More →

As U.S. wind capacity passes 90-GW milestone amid expectations that surge will persist

S&P Global Intelligence ($):

The U.S. wind market made healthy gains in the second quarter of 2018, with new research suggesting new wind energy project installations will surge between now and 2020.

Wind installations reached 626 MW in the second quarter, up from 357 MW of capacity installed in the same period in 2017 and 406 MW in the first quarter of 2018, according to a new market report from the American Wind Energy Association, or AWEA. The country’s cumulative installed capacity is now 90,004 MW in 41 states, plus Puerto Rico and Guam.

The U.S. project pipeline also saw healthy growth in the second quarter, the domestic wind industry’s biggest trade group and lobbying body reported. At the end of June, there was 18,987 MW of wind capacity under construction and 18,806 MW in advanced development. That combined 37,794 MW is a 46% year-over-year increase and a 13% rise from the first quarter of 2018.

“Wind power’s job creating engine just kicked into a higher gear,” AWEA CEO Tom Kiernan said.

More ($): AWEA: US wind installations surpass 90 GW in Q2’18

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