Utility-scale solar generation is set to grow by 75% in just two years, pushed by the anticipated addition of 79 GW of new capacity.

US energy transition to speed forward through 2025

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Over the next two years, the United States will experience a remarkable acceleration in the energy transition in the electricity sector, according to new figures released the U.S. Energy Information Administration (EIA).

Utility-scale solar generation is set to grow by 75% in just two years, pushed by the anticipated addition of 79 GW of new capacity. The EIA described the increase as the “major driver” behind its electric sector power forecast, which expects generation from renewables — utility-scale solar, wind and hydro — to be almost twice the amount generated by coal in 2025.

Wind and solar are expected to account for 18.5% of all the electricity generated in the U.S., and hydro is anticipated to add another 6.5%. Wind and utility-scale solar by themselves will generate more power than coal in 2024.

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Source: Solar Builder

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US EIA forecasts new capacity will boost the solar share of total generation to 5.6% in 2024 and 7.0% in 2025, up from 4.0% in 2023.

US EIA: Solar will supply almost all growth in US electricity generation through 2025

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We expect solar electric generation will be the leading source of growth in the U.S. electric power sector. In our January Short-Term Energy Outlook (STEO), which contains new forecast data through December 2025, we forecast new capacity will boost the solar share of total generation to 5.6% in 2024 and 7.0% in 2025, up from 4.0% in 2023.

The STEO includes two Between the Lines articles that discuss how our forecast for Brent crude oil prices performed in 2023 and a closer look at our Brent price forecast for 2024 and 2025. We expect U.S. crude oil and natural gas production growth to slow, but both continue to reach new records.

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Source: Clean Technica

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California has more solar capacity than any other state. California also generates the most geothermal electricity.

The cleanest electricity states in the US – 2024 study

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As the U.S. experiences more power outages, states are modernizing aging power grids with more sustainable alternatives. According to the Clean State Energy Alliance, 23 states currently have legislation that mandates cleaner energy. And with these shifts in infrastructure come business opportunities and reduced pollution.

To find where clean electricity is most prevalent – and to identify areas for potential upside – SmartAsset compared the amount of solar, wind, geothermal and nuclear operations as a percentage of a state’s entire electricity production capacity.

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Source: yahoo!finance

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The SEIA and Wood Mackenzie research group said the US solar sector is expected to add a record 33 GW of new generation capacity in 2023.

US adds 33GW of new solar capacity in 2023

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A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of new generation capacity in 2023, a 55% increase from 2022.

The groups said that even with growth expected to slow over the next year due to economic and interconnection challenges, solar energy is expected to be the largest source of generating capacity on the U.S. power grid by 2050. The report released Dec. 7 said that government policies supporting solar power are among the reasons for the industry’s rise.

“Solar remains the fastest-growing energy source in the United States, and despite a difficult economic environment, this growth is expected to continue for years to come,” said SEIA president and CEO Abigail Ross Hopper. “To maintain this forecasted growth, we must modernize regulations and reduce bureaucratic roadblocks to make it easier for clean energy companies to invest capital and create jobs.”

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Source: POWER

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The US solar industry has registered its best third quarter ever with 6.5GW of PV installed in Q3 2023 but residential started slowing down.

US adds 6.5GW of solar PV in record third quarter, residential to decline in 2024

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The US solar industry has registered its best third quarter ever with 6.5GW of PV installed in Q3 2023, but residential started to show a slowdown in certain states.

According to research from the Solar Energy Industries Association (SEIA) and Wood Mackenzie, some of the biggest residential markets – such as Texas, Arizona and Florida – have experienced quarterly and annual declines in installed capacity in Q3 2023, despite a record number of installs with 210,000 systems.

Despite slowdowns in these major states, residential solar installed 1.8GW in Q3 2023, a 12% increase year-over-year and setting another quarterly record. During the first three quarters of the year, the segment is up 24% from the same period last year. In total, 34 states and Puerto Rico have had an annual growth during that period.

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Source: PV Tech

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In its latest monthly “Energy Infrastructure Update” report, FERC says solar provided 9,924 MW of new domestic generating capacity

US solar energy capacity could soon overtake wind power

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A review by the SUN DAY Campaign of data newly released by the Federal Energy Regulatory Commission (FERC) and the U.S. Energy Information Administration (EIA) reveals that solar has grown faster in electrical generation than all other energy sources as well as outpaced them in new U.S. generating capacity added during the first three quarters of 2023.

In its latest monthly “Energy Infrastructure Update” report (with data through September 30, 2023), FERC says solar provided 9,924 MW of new domestic generating capacity or 42.4% of the total. Moreover, solar capacity additions during the first nine months of this year were almost a third (32.8%) larger than for the same period last year.

The new solar capacity additions edged past the 8,962 MW of new natural gas (38.2%) and were nine times greater than that provided by the new 1,100-MW Vogtle-3 nuclear reactor (4.7%) in Georgia as well as by oil (54 MW) and waste heat (31 MW).

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Source: Solar Power World

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Right now, the US has nearly 160 gigawatts of installed solar capacity, more than half of which is utility-scale.

Here’s where utility-scale solar is located in the US

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The recipe for a fossil-free future includes a big dollop of solar — and in recent years, that solar has started popping up all around the U.S.

But where, exactly, are the country’s major solar installations located? The map below, created from the U.S. Large-Scale Solar Photovoltaic Database, shows the sites of ground-mounted solar installations in the country with a capacity of 1 megawatt or more. The most recent data available is current through the start of 2022, meaning even more solar is deployed across the country than is shown here.

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Source: Canary Media

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During the third quarter of 2023, renewables have installed a record 5.5GW of utility-scale renewable capacity, led by solar, according to ACP

Solar led record Q3 renewables installations in the US with 3.1GW

During the third quarter of 2023, renewables have installed a record 5.5GW of utility-scale renewable capacity, led by solar, according to American Clean Power Association (ACP).

In its Clean Power Quarterly Market Report, ACP highlights that it is the strongest Q3 to date, which is up 13% over the same period in 2022. Solar continues to lead utility-scale installations with 3.1GW in the quarter, up from the 2.7GW added in the previous quarter and outpacing installations in 2022, while slightly behind numbers in 2021.

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Source: PV Tech

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Solar energy is on track to make up more than half of global electricity generation by the middle of this century.

Solar power expected to dominate electricity generation by 2050

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In pursuit of the ambitious goal of reaching net-zero emissions, nations worldwide must expand their use of clean energy sources. In the case of solar energy, this change may already be upon us.

The cost of electricity from solar plants has experienced a remarkable reduction over the past decade, falling by 89% from 2010 to 2022. Batteries, which are essential for balancing solar energy supply throughout the day and night, have also undergone a similar price revolution, decreasing by the same amount between 2008 and 2022.

These developments pose an important question: have we already crossed a tipping point where solar energy is poised to become the dominant source of electricity generation? This is the very question we sought to address in our recent study.

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Source: The Conversation

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In 2022, around 10% of all new residential solar installations included paired storage — up from virtually zero in 2015.

Rooftop solar system median size up 200%, with storage pairings rising: DOE lab

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Across the U.S. market, California “dominates” in sheer numbers of residential solar installations, according to LBNL. And 11% of those systems have attached storage, a trend Barbose said is driven in part by rebates for storage and by the California Public Utilities Commission’s Self-Generation Incentive Program.

However, system sizes in California only average 7.1 kW – “near the low end of the spectrum,” LBNL said, which pulls the U.S. median downward. While median system sizes in most states are “well above 8 kW, and in many states above 9 kW,” California’s overall share of the market means national median size is 7.2kW.

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Source: Utility Dive

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