us renewables

US energy company Madison Gas and Electric (MGE) and WEC Energy Group's subsidiary We Energies have started operating a 300MW solar PV plant in Wisconsin, the US.

US-based independent power producer Altus Power has acquired solar assets primarily in North and South Carolina, the US, with a combined capacity of 121MW.

US electric utility Commonwealth Edison (ComEd) has announced a plan to expand a 765 kV substation to add 2.45GW of renewables in Illinois. 

Over 2TW of electricity generation and storage developments were waiting in queues for grid interconnection in April 2023.

The credit facility consists of US$275 million term loan, a $175 million revolving credit facility, and a $150 million letter of credit facility.

The plan also outlined some transmission projects to integrate the generation and storage resources, with the estimated cost of up to US$2.3 billion.

Government policies have hampered the development of the solar industry in the US, but the situation improved in the second half of 2022 thanks to a reversed decision, according to a BloombergNEF study.

Solar electricity output in the US outpaced all other renewables and grew by nearly a quarter (24.3%) in the first three months of 2021 compared to last year, new data from the country’s Energy Information Administration (EIA) has shown

The US Department of the Interior (DOI) has established a new Climate Task Force to accelerate the adoption of renewable energy generation across the country and revoked several Trump administration policies promoting fossil fuels on public land.

The US will need “hundreds of gigawatts” of carbon-free energy installed within the next four years to meet its climate targets, new Energy secretary Jennifer Granholm has said.