AES Corporation built 3.5GW of renewables capacity in 2023

Facebook
Twitter
LinkedIn
Reddit
Email
The 250MW Petersburg Solar Project is expected to be operational by May 2024. Image: AES Indiana via Twitter.

US utility AES Corporation built 3.5GW of renewable energy generation projects in 2023, led by solar PV installations.

In its deployment report for the year, the AES said that it built 1.6GW of solar PV projects, 1.3GW of wind and 600MW of energy storage capacity across its active markets. These deployments surpassed AES’ 3.4GW target which it set in February 2023, 2.1GW of which it predicted to be deployed in the US.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Notable among these were the 200MW Great Cove Solar project in Pennsylvania, which is being commissioned in multiple phases. The site has a power purchase agreement (PPA) in place with the University of Pennsylvania for the entirety of its capacity.

Another is the McFarland A solar-plus-storage site, a 200MW/100MW co-located project in Yuma County, Arizona.

“In 2023, AES completed the construction of 3.5GW of new renewables. This construction milestone represents a new record and a growth rate of nearly 100% over 2022,” said Andrés Gluski, AES president and CEO. “Including these newly added projects, AES’ portfolio of renewables now reaches 18.4 GW.”

In addition to the projects it built last year, AES acquired the huge 2GW Bellefield solar-plus-storage project from its developer, Avantus in June. Located in Kern County, California, the site is due to be commissioned across two phases in 2025 and 2026, each with 500MW of solar and 500MWh of four-hour duration battery storage.

According to data from Wood Mackenzie, the US installed 33GW of solar PV last year, a record high in its history.

13 October 2026
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our fourth PV CellTech conference dedicated to solar manufacturing in the USA. From polysilicon, wafers, ingots, cells and modules, to critical component suppliers including glass and frames, the event connects every stage of the value chain under one roof. PV CellTech USA also brings together investors, innovators, manufacturers and industry stakeholders to collaborate and strengthen domestic solar manufacturing across the United States.

Read Next

July 29, 2026
ADB has approved an US$850 million loan to support the second phase of reforms for India's flagship residential rooftop solar programme.
July 29, 2026
The Federal Communications Commission’s (FCC) Public Safety and Homeland Security Bureau (PSHSB) has added foreign-produced power inverters and “advanced robotic devices” as a national security threat.
July 29, 2026
Enphase Energy reported revenue of US$291.9 million for the second quarter, up 3.2% in the first quarter of 2026.
July 29, 2026
OCI Holdings has announced plans to double its annual solar-grade polysilicon production to 70,000MT by 2029.
Premium
July 28, 2026
INOX’s Devansh Jain talks the company’s shift from acquisition-led growth towards integrating its expanded clean energy platform.
July 28, 2026
US solar PV manufacturer T1 Energy has bought a set of patents for tunnel oxide passivated contact (TOPCon) solar cell and module technology which it said will “differentiate” its position in the US market.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
April 20, 2027
Istanbul, Türkiye