Solar & Wind Power = 71% of New US Power in 2022 (January–July)
to a notable fossil gas capacity addition, but for the first 7 months of the year as a whole, solar and wind power accounted for 71% of new US power capacity and renewables overall accounted for … 71%. Okay, being more precise, solar and wind accounted for 70.6% while renewables overall accounted for 71.0%. Clearly, solar and wind power dominate the renewable energy market these days in terms of new power plants — and lead the industry as a whole.
Renewables grew from 23.2% of the market in July 2020 to 25.3% in July 2021 to 27% in July 2022. That’s impressive market growth in this context.
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