Renewable Energy
Build & Curtailment DashboardTracking the US clean energy buildout: capacity additions, interconnection bottlenecks, curtailment (wasted energy), IRA-funded manufacturing, and offshore wind pipeline.
US Generation Mix History
Renewable sources as % of total generation
Source: EIA Electric Power Annual. Renewables: 24.7% of US generation in 2024. Clean (incl. nuclear): 43.3%.
Renewable Source Breakdown (2024)
| Source | Generation | Share | 10yr CAGR |
|---|---|---|---|
| Wind | 440 TWh | 10.5% | +9.2% |
| Solar | 303 TWh | 7.2% | +32.6% |
| Hydro | 237 TWh | 5.6% | -0.9% |
| Biomass | 43 TWh | 1.0% | -6.3% |
| Geothermal | 16 TWh | 0.4% | 0.0% |
| Total Renewables | 1039 TWh | 24.7% | — |
Annual Capacity Additions
New solar, wind, and battery storage installed per year (GW)
Sources: EIA Form 860M, American Clean Power Association. 2025E = estimate.
Cumulative Installed Capacity
Total US installed solar, wind, and battery (GW)
Top 10 States by Renewable Capacity
| State | Solar | Wind | Battery | Total | RE % | Pipeline |
|---|---|---|---|---|---|---|
| Texas (TX) | 30.0 | 42.0 | 8.5 | 80.5 GW | 40% | +18.5 |
| California (CA) | 39.0 | 6.2 | 12.5 | 57.7 GW | 42% | +8.2 |
| Florida (FL) | 12.8 | 0.0 | 1.2 | 14.0 GW | 12% | +5.5 |
| Oklahoma (OK) | 1.5 | 11.8 | 0.5 | 13.8 GW | 48% | +3.0 |
| Iowa (IA) | 0.8 | 12.5 | 0.3 | 13.6 GW | 62% | +2.1 |
| Arizona (AZ) | 7.2 | 0.6 | 3.5 | 11.3 GW | 20% | +4.0 |
| North Carolina (NC) | 7.3 | 0.2 | 0.8 | 8.3 GW | 14% | +3.8 |
| Indiana (IN) | 3.5 | 3.2 | 0.4 | 7.1 GW | 18% | +4.2 |
| Georgia (GA) | 6.5 | 0.0 | 0.3 | 6.8 GW | 10% | +3.5 |
| Virginia (VA) | 5.2 | 0.1 | 0.5 | 5.8 GW | 8% | +6.5 |
Interconnection Queue Attrition
Only 10% avg completion rate — the rest die in queue
Renewable Curtailment — The Storage Opportunity
Clean energy wasted because the grid can't absorb it
Curtailed energy represents a direct economic loss and the opportunity for battery storage. California's duck curve drives solar curtailment during midday hours.
LCOE Comparison (2026)
Levelized Cost of Energy by technology ($/MWh)
LCOE Trend 2020-2026 (unsubsidized)
Sources: Lazard LCOE Analysis v17, BNEF, EIA. Battery LCOE reflects charging costs. Toggle to subsidized to see after-ITC/PTC values.
IRA Tax Credit Tracker
6 ActiveInflation Reduction Act incentives driving the clean energy transition
Transitions to technology-neutral 48E in 2025; phases out when US electric sector emissions fall 75% below 2022 levels
10-year credit from placed-in-service date; technology-neutral 45Y begins 2025
10-year credit from placed-in-service; available through 2032
Full value through 2029; phases down 25%/yr 2030-2032; expires 2033. Wind components (blades, nacelles, towers) expire after 2027 — not extended like solar/battery.
Projects must begin construction by Jan 2033
Critical mineral requirements tighten annually through 2027; FEOC exclusions begin 2025
Available 2024-2032 only
Source: IRS/Treasury final rules. Values reflect 2026 inflation adjustments where applicable.
IRA Manufacturing Tracker
| Company | Product | Location | Capacity | Invest. | Jobs | Status |
|---|---|---|---|---|---|---|
| Panasonic | Battery | De Soto, KS(KS) | 32 GWh | $4.0B | 4,000 | operational45X |
| LG Energy Solution | Battery | Queen Creek, AZ(AZ) | 27 GWh | $5.5B | 2,800 | construction45X + 48C |
| Samsung SDI | Battery | Kokomo, IN(IN) | 33 GWh | $3.1B | 1,400 | operational45X |
| SK On | Battery | Commerce, GA(GA) | 21.5 GWh | $2.6B | 2,600 | operational45X |
| CATL (Ford JV) | Battery | Marshall, MI(MI) | 35 GWh | $3.5B | 2,500 | delayed45X (disputed) |
| BlueOval SK | Battery | Glendale, KY(KY) | 86 GWh | $5.8B | 5,000 | cancelled45X |
| Toyota (TBMNC) | Battery | Liberty, NC(NC) | 30 GWh | $13.9B | 5,100 | operational45X + 48C |
| First Solar | Solar | Lawrence County, AL(AL) | 3.5 GW | $1.1B | 700 | operational45X |
| Qcells (Hanwha) | Solar | Cartersville, GA(GA) | 3.3 GW | $2.5B | 4,000 | construction45X + 48C |
| Meyer Burger | Solar | Goodyear, AZ(AZ) | 2 GW | $0.5B | 500 | cancelled45X |
| Maxeon Solar | Solar | Albuquerque, NM(NM) | 3 GW | $1.2B | 1,800 | construction45X + 48C |
| Canadian Solar | Solar | Mesquite, TX(TX) | 5 GW | $0.8B | 1,500 | construction45X |
| Enel/3Sun | Solar | Inola, OK(OK) | 3.3 GW | $1.0B | 1,000 | delayed45X |
| CubicPV | Wafer | undisclosed, US(US) | 10 GW | $1.4B | 800 | announced45X |
| GE Vernova | Wind | Schenectady, NY(NY) | — | $0.5B | 250 | operational45X |
| Siemens Gamesa | Wind | Virginia Beach, VA(VA) | — | $0.2B | 310 | operational45X |
| Vestas | Wind | Brighton, CO(CO) | — | $0.0B | 1,000 | operational45X |
| Enphase Energy | Inverter | multiple US(US) | 5 GW | $0.1B | 500 | delayed45X |
IRA Section 45X: Advanced Manufacturing Production Credit. 48C: Advanced Energy Project Credit. ATVM: Advanced Technology Vehicles Manufacturing Loan Program.
Offshore Wind Pipeline & Delays
First US offshore wind farm. 5 turbines. Proof of concept.
First utility-scale US offshore wind. GE Haliade-X 13MW turbines. ~23 of 62 turbines installed. Stop-work order after blade failure Jul 2024. Federal lease suspended Dec 22, 2025 by Trump admin.
12 Siemens Gamesa 11MW turbines. Operational early 2024.
Renegotiated PPA at higher price. Orsted took $4B impairment in 2023. Federal lease suspended Dec 2025.
BOEM Record of Decision 2024. Renegotiated after original PPA cancelled.
Largest US offshore project. 176 Siemens 14.7MW turbines. Cost rose to ~$11.5B including suspension costs and tariff estimates.
Delayed multiple times. Equinor/BP took $800M impairment. Renegotiating NY contracts.
Cancelled 2023. Equinor/BP exited citing cost inflation and supply chain challenges.
Cancelled Oct 2023. $4B write-down. CEO resigned. Cited macro conditions and supply chain costs.
Cancelled alongside Ocean Wind 1. NJ rebid the capacity in 2024.
Multiple delays. Renegotiated PPA with Maryland. Originally expected 2026.
MarWin lease area. Italian developer. BOEM review ongoing.
Adjacent to Vineyard Wind lease area. BOEM ROD expected 2025.
Formerly Mayflower Wind. Shell acquired. Cancelled original PPAs, rebidding at higher price.
NJ selected in solicitation. BOEM EIS process ongoing. Won NJ rebid after Ocean Wind cancellation.
Track corporate power purchase agreements driving buildout.
View Corporate PPA Tracker →Renewable buildout drives grid infrastructure demand.
View Grid Infrastructure Tracker →Data centers compete with renewables for grid interconnection.
View Data Center Energy Demand →