Solar
Jan 16, 2025
Solar and wind to lead growth of U.S. power generation for the next two years
New installations of generating capacity support the increase in our renewable generation forecast. Wind and solar developers often bring their projects on line at the end of the calendar year.
New installations of generating capacity support the increase in our renewable generation forecast. Wind and solar developers often bring their projects on line at the end of the calendar year. So, the new capacity tends to affect generation growth trends for the following year. Solar is the fastest-growing renewable source because of the larger capacity additions and favorable tax credits policies. Planned solar projects increase solar capacity operated by the electric power sector 38% from 95 gigawatts (GW) at the end of 2023 to 131 GW by the end of 2024. We expect wind capacity to stay relatively flat at 156 GW by the end of 2024, compared with 149 GW in December 2023. Read more
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solar
Aug 8, 2025
U.S. Solar Capacity Keeps Growing Despite Trump’s Rollback of Federal Support
Despite President Trump’s rollback of federal solar subsidies and tax incentives, U.S. utility‑scale solar capacity rose approximately 10% year‑over‑year by mid‑2025—though growth slowed from 33% in 2024—highlighting regional disparities with strong gains in Arizona and slower growth in California and Florida.
solar
Aug 5, 2025
Republican Senators Place Hold on Treasury Nominees Over Wind and Solar Credit Rollout
Several GOP senators have blocked key Treasury Department nominees in protest, citing concerns that overly strict implementation of wind and solar tax credit phase-outs could stall renewable projects nationwide.