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NEWS & INSIGHTS

Leading the Charge: A Look at Clean Energy Investment Surge in the US from Sendero Energy Services

Renewable energy is transforming the world, and the United States is leading the charge. Sendero Energy Services is proud to be part of this clean energy revolution. As a civil contractor specializing in renewable energy projects, we understand the immense value of investing in sustainable energy solutions.


According to a recent report by the American Clean Power Association (ACP), the United States has seen a remarkable increase in clean energy investment in recent years, with an astonishing $190 billion invested in 2022 alone. This investment has led to the installation of 32 gigawatts of new wind, solar, and energy storage capacity, creating new jobs and boosting local economies nationwide.


The full report, which can be accessed here, emphasizes the crucial role that renewable energy plays in the fight against climate change. The use of clean energy sources has significantly reduced the country's carbon emissions, with the power sector contributing to a 20 percent reduction in emissions since 2005.


At Sendero Energy Services, we are committed to promoting sustainable energy solutions and contributing to a greener future. We have been involved in various renewable energy projects, including solar farms and wind energy installations, and have seen firsthand the positive impact they have on the environment and local communities.


As the demand for clean energy continues to grow, so does the need for investment in renewable energy projects. The ACP report highlights the potential for further investment in offshore wind and energy storage, among other technologies. These investments have the potential to create even more jobs and further reduce carbon emissions, leading to a cleaner and more sustainable future.


The report also underscores the critical role that federal policies play in driving renewable energy investments. Policies such as the Production Tax Credit (PTC) and the Investment Tax Credit (ITC) have been instrumental in incentivizing clean energy investment in the United States. However, these policies are set to expire soon, highlighting the need for continued federal support for renewable energy.


Overall, the ACP report highlights the growing importance of clean energy investment in America. Sendero Energy Services remains committed to continuing our work in the industry and contribution to the country's transition to clean energy.


 





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