Four months after the failure of the Texas electric grid sparked a backlash against clean power, investors and developers have decided just what the state needs: more renewable energy. Much more.
Texas is on pace to have as much green-power development in coming years as the next three states combined, according to the American Clean Power Association, a Washington-based trade group. Projects totaling 15 gigawatts — equal to the total electrical capacity of Finland in 2019 — are under construction or in advanced development, more than double three years ago. That’s according to data from the Electric Reliability Council of Texas, or Ercot, the state’s grid operator.
