AES Corporation built 3.5GW of renewables capacity in 2023

January 19, 2024
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.

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

November 7, 2025
JA Solar has signed a module supply agreement with EPC contractor Larsen & Toubro (L&T) for two utility-scale projects in Uzbekistan. 
November 7, 2025
Saatvik Green Energy, through its subsidiary Saatvik Solar Industries, secured solar PV module orders worth INR2.99 billion (US$33.7 million). 
November 7, 2025
The US Geological Survey (USGS) has released the 2025 List of Critical Minerals, which includes silicon and tellurium.
November 7, 2025
Renewables asset fund Alantra Solar has secured €355 million to support the development and construction of five solar PV projects in Italy.
November 7, 2025
Independent power producer (IPP) Matrix Renewables has completed the construction of a 284MW solar PV plant in Texas.
November 7, 2025
Apple has signed a power purchase agreement (PPA) with Danish developer European Energy for renewable electricity from the 108MW Lancaster solar park in Victoria, Australia.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Lisbon, Portugal