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.

Read Next

March 13, 2026
Elsewedy Electric has completed and handed over the 348.6MWp El Saad solar plant, which has now officially entered its operations and maintenance phase.
Premium
March 13, 2026
PV Talk: According to kWh Analytics' Jason Kaminsky, 'there’s more capital available for risk and risk exposure' in the present investment environment.
March 13, 2026
US-based tracker manufacturer FTC Solar has signed a 1GW solar tracker supply agreement with solar and storage developer Strata Clean Energy.
March 13, 2026
Scatec, in partnership with Aeolus SAS (Aeolus) have achieved commercial operations for the 60MW Sidi Bouzid solar plant in Tunisia.
March 13, 2026
Impacted by the "One Big Beautiful Bill Act", a Chinese PV company with a US factory has opted to exit the local market by selling its US subsidiary.
Premium
March 12, 2026
PV Talk: 'The US is entering a pivotal moment for domestic solar manufacturing,' Swift Solar CEO Joel Jean told PV Tech Premium this week.

Upcoming Events

Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain