Tuesday, February 25, 2025

PV and energy storage expected to comprise 62% of US capacity additions 2022-23 – pv magazine International

The US is expected to add 78GW generating capacity over the next two years, 49GW of which is expected to be large-scale solar and energy storage. December 28, 2021 Ryan Kennedy EIA estimates 10GW of battery storage capacity will be added over two years. Over 60% of this is expected to be co-located with solar PV projects.Image: AppleFrom pv magazine USAIn its latest release of Electric Monthly Update, the Energy Information Administration (EIA) projects 78GW 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 49GW. 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…

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