solar growth

ERCOT to capture big share of U.S. solar power growth through 2027

A new report predicts solar power supplied to the ERCOT grid will jump by 89 percent by the end of 2027. Photo by Red Zeppelin/Pexels

Much of the country’s growth in utility-scale solar power generation will happen in the grid operated by the Electric Reliability Council of Texas (ERCOT), according to a new forecast.

The U.S. Energy Information Administration (EIA) predicts that solar power supplied to the ERCOT grid will jump from 56 billion kilowatt-hours in 2025 to 106 billion kilowatt-hours by the end of 2027. That would be an increase of 89 percent.

In tandem with the rapid embrace of solar power, EIA anticipates battery storage capacity for ERCOT will expand from 15 gigawatts in 2025 to 37 gigawatts by the end of 2027, or 147 percent.

EIA expects utility-scale solar to be the country’s fastest-growing source of power generation from 2025 to 2027. It anticipates that this source will climb from 290 billion kilowatt-hours last year to 424 billion kilowatt-hours next year, or 46 percent.

Based on EIA’s projections, ERCOT’s territory would account for one-fourth of the country’s utility-scale solar power generation by the end of next year.

“Solar power and energy storage are the fastest-growing grid technologies in Texas, and can be deployed more quickly than any other generation resource,” according to the Texas Solar + Storage Association. “In the wholesale market, solar and storage are increasing grid reliability, delivering consumer affordability, and driving tax revenue and income streams into rural Texas.”

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A View From HETI

AB Energy USA is moving into The Woodlands Towers at The Waterway. Photo courtesy AB Energy USA.

An Italian renewable energy company has picked The Woodlands for its North American headquarters.

AB Energy USA will occupy about 11,000 square feet in The Woodlands Towers at The Waterway. The company expects to add about 45 jobs in The Woodlands this year. Beginning in 2027, AB Energy USA will add another 30 jobs over a five-year period.

The new headquarters will be the corporate and governance hub for all of AB Energy’s North American subsidiaries. AB Energy, an arm of Italy-based AB, supplies renewable natural gas systems for industrial, commercial and data center customers. AB has operated in the U.S. since 2014.

“Establishing our North American headquarters in the Energy Capital of the World is a strategic step in AB’s long-term commitment to the U.S. market,” Paolo Ruggeri, North American CEO for AB Energy USA, said in a news release. “Houston gives us access to world-class engineering and energy talent, and strengthens our ability to attract and grow a high-performing team.”

Jevon Gibb, CEO of The Woodlands Area Economic Development Partnership, said several markets competed for AB Energy’s North American headquarters.

“AB’s decision to establish its North American headquarters here demonstrates The Woodlands’ competitiveness for both international companies and energy sector leaders,” Gibb said.

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