Avangrid Upbeat Despite Headwinds for Renewable Energy

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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Renewable energy-focused Avangrid Incorporated (Orange, Connecticut) said Tuesday that the 13,000 gigawatt-hours of energy deployed over the first six months of the year was enough to power 2.4 million homes.

The company said it has more than 10.5 gigawatts (GW) of power generation capacity from some 80 separate plants stretching from the Atlantic to the Pacific coasts.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project and Plant databases can view a detailed company profile of Avangrid and its subsidiaries here.

Jose Antonio Miranda, the company's chief executive officer, said he believed his company was leading the way in developing the energy necessary to keep up with the rapid expansion of data centers in the United States.

Demand from data centers across the country during the second quarter reached 1.1 GW, though hardly any of the power comes from on-site facilities. IIR Energy is expecting a bevy of on-site facilities, however, as demand outstrips supply drawn from the nation's power plants.

Avangrid said Tuesday that it has 10 separate projects that can deliver as much as 1.5 GW of power to data centers. Five more are under construction that Avangrid believes will offer another 700 megawatts (MW) of power for technology and artificial-intelligence companies.

The company's Montaque wind farm in Oregon provides clean energy to Apple Incorporated (Cupertino, California) through various power purchase agreements. That facility has a total power capacity of 200.1 MW from 56 Vestas turbines.

Elsewhere, the company said three new solar facilities in California, Ohio and Texas combine for another 600 MW in clean-energy capacity. This, in turn, helped Avangrid increase its solar-energy production by 125%, relative to the first six months of 2024.

Overall, the company believes it has increased its power-generating capacity by 66% since 2015.

On the U.S. grid, solar, battery storage and wind power represented the top three additions to the U.S. power grid last year by far, though that could change with U.S. President Donald Trump's preference for fossil fuels.

Lawmakers in the Senate, controlled by Trump's Republican Party, cut production tax credits for solar and wind energy development in their version of the massive tax cut bill that passed last month.

The final measure took aim at the clean-energy tax credits that were enacted during former President Joe Biden's term. Industry backers said the end of supportive tax credits could create unnecessary headwinds to future development.

Avangrid is nevertheless committed. It's already announced plans to invest some $20 billion on the U.S. grid by 2030, an investment it said represents the "critical need" to build up electrical infrastructure.

As of July, the Energy Information Administration (EIA), the statistical arm of the U.S. Department of Energy, found that natural gas dominates the power sector with a 42% market share this year. Gas loses a 2% market share next year, while renewables increase from 23% in 2025 to 25% next year, despite the political headwinds.

"As we expand our investments in U.S. generation and grid infrastructure, we are strengthening American energy independence and powering long-term economic growth," Avangrid's chief executive officer added.

Industrial Info is tracking $3.6 billion worth of active and planned projects from Avangrid. Subscribers to the GMI Database can click here for a full list.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).