SNL Energy Report Finds That Utility-scale Solar Has All-time Best Year with over 3.7 GW Installed in 2014

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2014 bested the nearly 3.4 GW installed in 2013 by 10% and brought the U.S. to a total of 10.6 GW of operating utility-scale solar capacity, according to a recent report released by SNL Energy.

SNL Energy, solar energy, utility-scale solar projects

Utility-scale solar capacity by quarter in service

According to SNL Energy's latest report, with more than 3.7 GW installed, 2014 was the best year yet for utility-scale solar installations, besting the nearly 3.4 GW installed in 2013 by 10% and bringing the U.S. to a total of 10.6 GW of operating utility-scale solar capacity.

The 280-MW Abengoa Mojave Solar was the largest of the 109 utility-scale solar project phases completed in the fourth quarter of 2014. The San Bernardino County, Calif. solar thermal trough facility is owned by Abengoa SA subsidiary Abengoa Yield Plc, and has a 25-year power purchase agreement with PG&E Corp. subsidiary Pacific Gas and Electric Co. The project received a $1.2 billion loan guarantee from the U.S. Department of Energy in September 2011.

The second-largest utility-scale solar project phase that came online in the fourth quarter of 2014 was the 255-MW phase four of the Topaz Solar Farm in San Luis Obispo County, Calif. With the completion of the fourth phase, the 567-MW solar photovoltaic facility, owned by Berkshire Hathaway Inc. and Berkshire Hathaway Energy subsidiary MidAmerican Solar LLC, is now complete and claims the status of the largest operating solar farm in the world. Pacific Gas and Electric Co. also has a 25-year PPA with the facility, for 550 MW.

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Christina Twomey
SNL Financial
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