The U.S. is expected to add 78 GW generating capacity over the next two years, 49 GW of which is expected to be large-scale solar and energy storage. December 27, 2021 Ryan Kennedy Recurrent Energy’s Mustang solar energy array in California.Image: Recurrent EnergyIn its latest release of Electric Monthly Update, the Energy Information Administration (EIA) projects 78 GW of generating capacity additions in 2022 through 2023. A majority of the additions will be large-scale solar and energy storage projects, forecast to add 62% of the total figure at 49 GW. These totals do not include capacity added by smaller-scale distributed rooftop solar projectDependent on configuration and charging sources, both solar and now energy storage may be eligible for the federal Investment Tax Credit, which is scheduled to phase down by 2024. The credit was extended to 26% in 2021 and 2022, will step…
PV and energy storage expected to be 62% of U.S. capacity additions 2022-23 – pv magazine USA
