Developers Plan 92 Gigawatts of U.S. Wind, Solar through 2026

By Christian Roselund

A new analysis of wind and solar projects by S&P Global finds developers plan to build 51,172 megawatts of solar and 40,933 megawatts of wind projects through the end of 2026. The top 10 developers, led by NextEra, EDF Group, and Invenergy, are responsible for 83% of this capacity.

NextEra has the largest solar project pipeline (13,152 megawatts) and the largest pipeline overall (18,496 megawatts). Apex Clean Energy has the largest wind pipeline at 8,489 megawatts. Invenergy has the most solar power currently under construction at 1,807 megawatts; NextEra has the most wind under construction at 2,031 megawatts.

Several European companies are listed among the top U.S. developers. EDF is the second-largest wind and solar developer overall (8,447 megawatts) and Orsted is the fourth-largest wind developer (4,253 megawatts). European companies including Orsted have been particularly active in the United States’ growing offshore wind sector.

The extensions of the Investment Tax Credit and Production Tax Credit via the Inflation Reduction Act are further stimulating demand for U.S. wind and solar. However, the U.S. solar market remains supply-constrained due to multiple trade policy challenges and the uncertainty that
they bring.

Source: Top developers plan 92.1 GW of wind, solar projects in U.S. through 2026 (S&P Global)