Renewables
The latest market report from the American Clean Power Association (ACP) shows that in the second quarter of 2026, the United States added nearly 5 gigawatts of new onshore wind capacity, but the project pipeline decreased by 4% quarter-over-quarter, mainly due to regulatory review and price pressures. Meanwhile, the PPA price gap between onshore wind and solar photovoltaics widened to $22.39 per megawatt-hour, setting a historical record. ACP Senior Vice President John Hensley stated that at least 44 gigawatts of wind projects are backlogged in U.S. Department of Defense reviews, and recent court rulings may prompt a resumption of these reviews. Although the overall clean energy pipeline exceeds 200 gigawatts, wind projects face challenges such as grid interconnection bottlenecks and cost competition.
Fervo Energy announced a 396-megawatt geothermal power purchase agreement with Google, the largest geothermal PPA in history, with an option to expand by about 600 megawatts. Analysts point out that the deal underscores the scarcity of baseload power, but Fervo's stock has recently faced pressure, with risks including execution and grid connection.
California Attorney General Rob Bonta and the California Energy Commission sued the Trump administration and developer Golden State Wind on Friday over a 'buyback' agreement for offshore wind leases. The lawsuit characterizes the arrangement as 'extortion' and criticizes the government for forcing developers to redirect funds toward fossil fuels.
The U.S. state of Utah has launched a four-month long-term test of an enhanced geothermal system (EGS), aiming to reduce technical risks and verify commercial viability.
An NRDC report warns that the Trump administration's energy policies could cause the US to lose up to 540 GW of renewable energy capacity over the next decade, with new natural gas generation of only about 9 GW, which cannot fill the gap and would raise residential electricity prices.
Colorado Public Service Company (PSCo), unable to connect two wind projects totaling over 1 GW due to a roughly 550-foot easement dispute, has requested the state Supreme Court's intervention. After a lower court rejected its eminent domain application, PSCo has also filed an appeal with the state Court of Appeals.
Gamers provide partial offtake support for a 110 MW solar project in Texas through virtual power purchase agreements, and the project has entered commercial operation.
The U.S. Court of Appeals for the District of Columbia Circuit on Tuesday overturned a previous panel ruling, blocking the Trump administration from rescinding $20 billion in climate grants. The court found that the Environmental Protection Agency's attempt to terminate and recover funds from the Greenhouse Gas Reduction Fund may violate the Inflation Reduction Act.