How many wind farms and solar parks are there?

We are invested in 49 wind farms in 17 countries, and 26 solar parks in 9 countries (operational and committed). We have one battery storage project in operation. We have an important role to play in encouraging the production of more renewable energy, rather than just buying up scarce renewable energy.

How much solar generation is needed in the United States?

For the United States, the report proposes 3 TW of solar generation, which includes 15 million residential rooftops, industrial storage paired with 43 GW of commercial rooftop solar, 1.9 TW of onshore wind, and 64 GW of offshore wind. No new nuclear generation was considered.

How many GWDC will the US solar industry add per year?

Our latest five-year outlook projects that the US solar industry will add an average of nearly 43 GWdc annually through 2030. This Base case forecast reflects the expected impacts of the latest tariffs but excludes potential tax credit changes or other provisions proposed in the most recent budget reconciliation bill.

Will renewables fill the resource gap in 2025?

Renewables are in a race with other clean generation options to fill the resource gap. Advantages include technological maturity, low cost, and high modularity. Domestic supply chains, AI acceleration of operational and technological innovation, and carbon attribute monetization could provide additional advantages in 2025.

Why do different energy sectors have different capital structures?

Different energy sectors will have different capital structures, making them more sensitive to variation in the cost of either debt or equity. Power investments typically rely on high levels of debt, which reflects the fixed element in cost and revenue structures, especially for renewables and grids.

How will solar & battery storage grow in 2023?

Meanwhile, it expects solar to rise by a record-breaking 38.4 GW to 128.2 GW, and battery storage to rise by a record-breaking 14.9 GW to 30.9 GW. 8 The storage boom is also reflected in the distributed segment, with residential solar attachment rates expected to rise from 14% in 2023 to a record 25% in 2024. 9