Report: Slowest Q3 in three years

Wind Industry Profile of

Energy Storage Continues Significant Growth

Supply chain disruptions, trade and tariff issues, and lack of tax policy certainty all slowed project starts. Quarterly wind installations fell 78% while solar installations dropped 23%, as 14 gigawatts of project delays mounted during the quarter. Storage was a bright spot with its second-best quarter on record after Q4 2021. Over 132 gigawatts of clean power capacity in development across the U.S. While the clean energy industry celebrated the August passage of the Inflation Reduction Act (IRA), the largest clean energy investment in U.S. history, policy challenges continued to limit clean power growth in the third quarter, according to a... ... More: Official Press Release ACP

Keywords:

AC, report, IRA, energy storage, growth, supply chain disruption, gigawatts, quarter, clean energy investment, USA