The American Clean Power Association's (ACP) Q3 2023 Clean Power Quarterly Market Report brings exciting news for the entire clean energy industry. Notably, this report isn't just about impressive statistics; it's about companies like Sendero Energy Services who play a vital role in the success of this sector. In this article, we will delve deeper into the report's findings and highlight how Sendero Energy Services, with its expertise in civil construction services, contributes to the growth of clean energy in the Southwest.
The report reveals that the clean energy sector had a groundbreaking quarter in the third quarter of 2023, with 5,551 megawatts (MW) of utility-scale clean power capacity brought online. This capacity is enough to power over 800,000 American homes, marking a 13 percent increase from the previous year.
Clean Power Landscape and Sendero Energy Services
While these numbers are undoubtedly impressive, it's essential to recognize the companies that make these clean energy installations a reality. Sendero Energy Services, a civil construction-focused professional services company, is a prime example.
We specialize in earthwork, drainage, and utilities for renewable energy developers and engineering, procurement, and construction (EPC) firms in the Southwest. Our commitment to a sustainable energy future aligns perfectly with the goals of the clean power sector, and our expertise plays a pivotal role in bringing clean energy projects to life.
Construction Activity Across the Nation:
In addition to the remarkable growth, the ACP's Q3 2023 report reveals that 478 clean power project phases, with a combined capacity of 59,689 MW, are under construction across the U.S. Solar leads, comprising 63% of this pipeline, while wind and battery storage projects also contribute significantly. Notably, Texas continues to lead in under-construction clean power capacity, with California following closely.
Solar energy continues to dominate the clean power project pipeline, constituting 58 percent of the clean power capacity currently under development. Sendero Energy Services, with our specialized civil construction capabilities, is instrumental in the successful execution of solar projects.
Rapid Battery Storage Growth:
Grid-scale battery storage installations have seen exceptional growth, exceeding the total installations for the entire year of 2022 in just nine months. Sendero Energy Services is well-equipped to handle the civil construction needs of these storage facilities.
Wind Capacity Decline:
Despite the decline in land-based wind capacity installations in the third quarter, the wind energy sector remains a critical component of the clean energy industry. Our expertise in earthwork and utilities ensures that wind projects continue to thrive in the Southwest.
Challenges and Solutions
The report also acknowledges the challenges the clean energy sector faces, including delays and declining power purchase agreements (PPAs). Sendero Energy Services, with its commitment to sustainable energy projects, is well-positioned to address these challenges.
As projects encounter delays due to regulatory issues, supply chain disruptions, and labor shortages, our team's expertise in civil construction can help mitigate these obstacles and ensure the timely completion of clean energy installations.
The American Clean Power Association's Q3 2023 report celebrates the remarkable growth of the clean energy sector in the United States. However, it's crucial to remember that this success wouldn't be possible without civil contractors like Sendero Energy Services.
Our commitment to a sustainable energy future and expertise in earthwork, drainage, and utilities for renewable energy projects play a crucial role in bringing clean energy to the Southwest region. As the clean energy sector continues to grow, Sendero Energy Services remains a key partner in making clean energy goals a reality.
For more information about Sendero Energy Services and our contribution to the clean energy industry, please visit our website. To access the full ACP Q3 2023 report, visit the American Clean Power Association's website. This report offers valuable insights for industry stakeholders, policymakers, and anyone interested in the clean energy sector's ongoing developments and the companies making it happen.
About American Clean Power
The American Clean Power Association (ACP) is the leading voice of today’s multi-tech clean energy industry, representing over 800 energy storage, wind, utility-scale solar, clean hydrogen and transmission companies. ACP is committed to meeting America’s national security, economic and climate goals with fast-growing, low-cost, and reliable domestic power.
About Sendero Energy Services
Sendero Energy Services is a civil construction-focused professional services company specializing in earthwork, drainage, and utilities for renewable energy developers and EPC firms in the Southwest. Our commitment to a sustainable energy future includes capabilities to safely support clean power projects in the solar, wind, energy storage, carbon capture, methane capture, and biofuel sectors. Follow Sendero Energy Services on LinkedIn, Instagram, Facebook and YouTube, and learn more at senderoenergyservices.com.