"Companies contracted 13.4 gigawatts of clean energy capacity in the first quarter of 2026 alone, according to the Clean Energy Buyers Association's annual report. That exceeds the total contracted during all of 2021."
"Reality check: The first half of 2026 may prove unusually strong because developers are racing to qualify projects for expiring wind and solar tax credits under Trump's One Big Beautiful Bill Act. To qualify, projects must either begin construction by July 4 or enter operation by the end of 2027."
"Powell said growth is expected to continue even after those deadlines, increasingly driven by what the industry calls "clean, firm" power - including advanced nuclear, geothermal and natural gas paired with carbon capture. Contracting for those technologies in the first quarter alone is already nearing the total "clean, firm" power for all of 2025, Powell said."
""It's hard to imagine this won't be our biggest year ever," Rich Powell, CEO of the association, told Axios ahead of the report's release Tuesday at the group's annual gathering in Seattle."
Companies contracted 13.4 gigawatts of clean energy capacity in the first quarter of 2026, exceeding the total contracted during all of 2021. The first half of 2026 is expected to be unusually strong as developers race to qualify projects for expiring wind and solar tax credits under the One Big Beautiful Bill Act. Projects must either begin construction by July 4 or enter operation by the end of 2027. Growth is expected to continue after those deadlines, increasingly driven by clean, firm power such as advanced nuclear, geothermal, and natural gas paired with carbon capture. Contracting for these technologies in the first quarter is nearing the total clean, firm power for all of 2025.
#clean-energy #energy-procurement #wind-and-solar-tax-credits #clean-firm-power #advanced-nuclear-and-geothermal
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