With a close race for the White House underway, swing-state voters, especially those in solar-focused counties, may ultimately decide the election outcome.
These developments reflect ongoing tensions around how to fairly compensate solar energy producers.
According to Wood Mackenzie’s five-year outlook for the U.S. energy storage market, total U.S. storage deployments will grow 42% between 2023 and 2024.
With increasing technological advancements, supportive policies, and a growing focus on sustainability, the U.S. solar energy market is on track for substantial growth.
U.S. solar industry added 9.4 GW of new installation capacity in Q2 2024, but challenges persist that hinder the market’s full potential
The U.S. solar industry is on track to install more than 250 GW over the next five years, bringing total capacity to 440 GW by 2029.
According to data from the US Energy Information Administration (EIA) latest report “Preliminary Monthly Electric Generator Inventory”, solar PV accounted for 59% of all additions.
The BLM states that the nine projects could collectively power nearly 2 million homes, supporting President Biden’s target of a carbon-free power sector by 2035.
California has long been the dominant player in the U.S. solar sector
The United States has officially surpassed 5 million solar installations, achieving this significant milestone just eight years after reaching 1 million installations in 2016.
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