Clearway Preps for High-Profile Solar, BESS Startups in 2023

February 24, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Clearway Energy Incorporated (NYSE:CWEN) (Princeton, New Jersey) is swapping out an unprofitable business for something more promising. The renewable-solutions provider dropped its thermal business last year, and it is preparing to use the profits to finish construction on a string of highly anticipated solar and battery energy-storage systems (BESS) projects.

Industrial Info is tracking more than $8 billion worth of active projects involving Clearway's services, more than $2.1 billion of which are under construction. Clearway's development pipeline stands at nearly 28 gigawatts (GW) worth of projects. Its total capacity under construction stands at roughly 2 GW, with an additional 900-plus megawatts (MW) expected to commence construction in the next six months.

Other companies featured: Clean Power Alliance, East Bay Community Energy, Constellation Energy Corporation, MCE Clean Energy and PGE Corporation (NYSE:PCG).