While U.S. Department of Commerce data shows the overall value of new construction numbers for private construction of electric power plants is down 7% year-over-year through March, there appears to be a pocket of growth in the power market — construction of renewables facilities. According to data from the U.S. government’s Electric Information Administration (EIA), the construction of wind farms and, to a lesser degree, solar facilities, look pretty healthy indeed.
Utility-Scale Wind and Solar Farms Thrive in a Down Power Market
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