US onshore wind hits post-PTC slump
Second-quarter onshore wind installations fell 78pc year-on-year amid uncertainty around the extension of tax credits and rising costs
US onshore wind installations fell by 78pc year-on-year in the second quarter as growth stalled across the country’s renewables sector amid policy and market headwinds, according to energy developer body the American Clean Power Association (ACPA). Only five new onshore projects, with a combined capacity of 620MW, were installed. Installations across the whole renewables sector were down 55pc. This slump follows a record year for installation in 2020—the year the production tax credit (PTC) was originally scheduled to expire—and the third-best year for onshore wind additions in 2021—when the PTC was extended due to Covid disruption. “The industry is now fairly used to these very, very short-

Also in this section
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU