Wind-Power Deployments in US Drop to Lowest Level in Five Years

US wind power installations for the third quarter fell to the lowest level in five years as an industry slowdown drags on this year.

Wind developers deployed 288 megawatts of new capacity for the three months ending in September, the slowest quarterly rate since the second quarter of 2018, according to a reportby S&P Global Market Intelligence. Installations, which include onshore and offshore, in the first three quarters of 2023, hit 3,159 megawatts, down from 5,361 megawatts for the same period in the prior year.

While wind energy grew substantially in the last decade, solar power additions are ...