In March, the ACP released its Clean Power Annual Market Report, which links to an interactive website where you can navigate the data. “The industry added a total of 33.8 gigawatts (GW) of new utility-scale clean energy projects, surpassing by 12.5% the previous annual installation record set in 2021,” the organization said, led by solar and storage.
“Clean energy is fundamental to the American economy, accounting for more than 75% of all new power brought online last year,” said ACP CEO Jason Grumet. “We are generating clean energy in every state and nearly every congressional district. It has been a banner year for storage and solar, and there is real excitement over the 123 newly announced manufacturing facilities that will bring economic development to communities across the country.”
That total doesn’t count 17 manufacturing projects that had yet to announce locations, according to the ACP’s Investing in America page. A map documenting the project locations and color-coded by type of technology shows a significant volume landing along the I-75 corridor and also in Texas, with solar manufacturing shining brightest of all. Among the report’s findings:
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“Utility-scale solar energy — bolstered by favorable federal policies and decreasing costs — experienced an exceptional year with nearly 20 GW installed across 44 states. Texas and California led the country in solar additions, bringing 5.9 GW and 2.3 GW of new solar online respectively. More than half of the 94 GW of solar in operation at the end of 2023 came online between 2020 and 2023. And more is on the way, with over 92 GW in the pipeline.”
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“Battery storage demonstrated near-exponential growth by almost doubling installed capacity with around 8 GW installed. This brings total operating capacity to 17 GW. California and Texas accounted for nearly three-quarters of the year’s storage additions, but a total of fifteen states added new storage capacity in 2023 … The rapid growth of storage was supported by a new tax credit for stand-alone storage, the boom in solar power, the value storage delivers during peak demand and times of grid stress, and a decline in prices for key battery materials.”
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“Corporate buyers are playing an important role in driving up clean energy demand by purchasing clean power for their operations. The top three commercial and industrial (C&I) buyers in 2023 were Amazon, Meta, and Google. Meta leads as the top buyer of operating clean power, while Amazon leads with the most total clean power capacity contracted.”
The second resource, E2, by its own methodology has tracked 301 new projects since the advent of the IRA. The E2 map only accentuates the geographic patterns seen in the ACP map. Here are the top 10 states by the three major indicators E2 tracks:
Top 10 States by Number of Clean Energy Projects Since IRA
State |
No. of Projects |
Capital Investment |
Jobs |
1. Michigan |
29 |
$11,686,700,000 |
12,170 |
2. Georgia |
27 |
$15,086,500,000 |
15,481 |
3. South Carolina |
24 |
$14,396,900,000 |
13,589 |
4. Texas |
21 |
$7,769,000,000 |
8,811 |
5. North Carolina |
18 |
$19,230,459,000 |
8,868 |
6. Ohio |
18 |
$7,073,800,000 |
4,854 |
7. Tennessee |
15 |
$5,283,700,000 |
4,735 |
8. California |
13 |
$1,600,000,00 |
160 |
9. New York |
12 |
$785,000,000 |
2,799 |
10. Indiana |
10 |
$2,563,500,0004,222 |
4,222 |
Top 10 States by Clean Energy Jobs Since IRA
State |
No. of Projects |
Capital Investment |
Jobs |
1. North Carolina |
18 |
$19,230,459,000 |
8,868 |
2. Georgia |
27 |
$15,086,500,000 |
15,481 |
3. South Carolina |
24 |
$14,396,900,000 |
13,589 |
4. Michigan |
29 |
$11,686,700,000 |
12,170 |
5. Texas |
21 |
$7,769,000,000 |
8,811 |
6. Ohio |
18 |
$7,073,800,000 |
4,854 |
7. Nevada |
6 |
$6,600,000,000 |
5,250 |
8. Arkansas |
2 |
$5,901,000,000 |
500 |
9. Tennessee |
15 |
$5,283,700,000 |
4,735 |
10. Oklahoma |
6 |
$3,650,000,000 |
1,490 |
Top 10 States by Number of Clean Energy Projects Since IRA
State |
No. of Projects |
Capital Investment |
Jobs |
1. Georgia |
27 |
$15,086,500,000 |
15,481 |
2. South Carolina |
24 |
$14,396,900,000 |
13,589 |
3. Michigan |
29 |
$11,686,700,000 |
12,170 |
4. North Carolina |
18 |
$19,230,459,000 |
8,868 |
5. Texas |
21 |
$7,769,000,000 |
8,811 |
6. Nevada |
6 |
$6,600,000,000 |
5,250 |
7. Ohio |
18 |
$7,073,800,000 |
4,854 |
8. Tennessee |
15 |
$5,283,700,000 |
4,735 |
9. Indiana |
10 |
$2,563,500,000 |
4222 |
10. New York |
12 |
$785,000,000 |
2,799 |
Among the top-performing states across all three categories, Georgia comes out on top with the highest index across the three categories.
Among the eight projects announced in March and added to the E2 total was a $1.5 billion investment by AESC to expand its electric vehicle battery manufacturing operations in South Carolina and a $1 billion investment by rPlus Energies to expand its energy storage capacity at the Green River Energy Center solar project in Utah. — Adam Bruns
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