Renewables Post Strong Growth in Q2, But Stronger Policy Needed to Achieve Net Zero
Employees with Ipsun Solar install solar panels on the roof of the Peace Lutheran Church in Alexandria, Virginia on May 17, 2021. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images
New renewable energy installations are on record pace this year, new industry data shows.
The Q2 report from the American Clean Power Association shows more than 2 gigawatts of solar energy were installed in April through June, along with nearly 3 gigawatts of wind capacity. Battery storage installed this year almost matches the storage installed throughout all of 2020.
Texas, by far the leading state in terms of installed clean power capacity, installed almost 1.5GW of clean power in QW2 alone, nearly triple runner-up California. Despite the industry’s robust growth, both it and the White House agree new policy is needed to ensure the president’s goal of achieving 100% carbon-free power by 2035 is met.
As reported by PV Magazine:
BloombergNEF head of analysis Albert Cheung warned, however, that 1.8% year-on-year increase is “nothing to write home about.” He said that “an immediate acceleration in funding is needed if we are to get on track for global net zero.”
For a deeper dive:
Axios, S&P Global, PV Magazine, POLITICO Pro
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