Monday, August 05, 2019

US Wind Farm Activity by Fortune 500 Breaks Records

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The American Wind Energy Association (AWEA) has released data for Q2, indicating activity rose to new heights in the wind development sector.

Strong consumer demand from Fortune 500 businesses and utilities, as well as calls from multiple states for offshore projects added to wind power’s growing development pipeline.  At the same time, wind turbine manufacturers saw an increasing number of factory orders for more powerful wind turbines, capable of powering almost twice the number of homes as an average wind turbine installed in the past few years.

These findings and the latest industry data are highlighted in AWEA’s newly released U.S. Wind Industry Second Quarter 2019 Market Report.

“American wind power’s record growth continues to accelerate with over 200 wind farm projects underway in 33 states,” said AWEA CEO Tom Kiernan.  “Our industry’s success strengthens the U.S. economy because access to affordable, clean American wind power is a competitive advantage in the eyes of business leaders.  And when those businesses invest in U.S. wind energy, it directly benefits the people living and working in our country’s farm, factory, and port communities.”

The record 41,801 megawatts (MW) of U.S. wind capacity currently under construction or in advanced stages of development represents a 10% increase over the level of activity this time last year.  The wind project pipeline grew 7% in the second quarter with 7,290MW in new construction and advanced development activity announced.

Wind power is expanding rapidly in many regions of the U.S.  Over 200 wind projects are underway across 33 states, and 15 of those states have over 1,000MW of wind capacity that will come online in the near term. 

Read more at US Wind Farm Activity by Fortune 500 Breaks Records

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