ACP: Energy Storage Growth Far Outpaces Solar, Wind Installations in Q1 2022 – North American Windpower

The American Clean Power Association has released its Clean Power Market Report Q1 2022, which shows that wind, utility-scale solar and battery storage sectors installed 6,619 MW of utility-scale clean power capacity – enough to power 1.4 million American homes. The record capacity is largely due to gains in battery storage installation, with storage installations up 173%, solar installations up 11% and wind installations down 3%, as compared to the first quarter of 2021.

While these gains contributed to a record first quarter for clean power installations, the rate of growth slowed to 11% in the first quarter of 2022, compared to the 50% year-over-year growth rate reported between 2019 and 2021.

Growth in battery storage helped to propel the first quarter to record territory. Storage capacity additions grew 173% compared to the first quarter of 2021, while solar experienced more modest growth of 11% and wind declined 3%. The Q1 report shows 56 new utility-scale solar projects came online in 2021, for a total of 2,997 MW. 10 new wind projects came online, totaling 2,865 MW. Finally, the industry installed 24 new battery storage projects with a total capacity of 758 MW/2,537 MWh. 

ACP: Energy Storage Growth Far Outpaces Solar, Wind Installations in Q1 2022 – North American Windpower