Solar PV Continues to Grow in the US
According to the latest projections from the U.S. Energy Information Administration (EIA), the trajectory of solar energy is soaring. The statistics presented in the January Short-Term Energy Outlook (STEO) forecast by 2025, solar electric generation is anticipated to claim 7% of the total electricity generated in the nation up from 4% recorded in 2023.
The STEO is the forecasts 80 gigawatts of solar power added over the course of the next two years. This surge in solar capacity is poised to bolster the nation’s solar energy infrastructure by a staggering 84%.
Joe DeCarolis, the Administrator of the EIA, emphasizes “We are experiencing a significant shift in U.S. electric generation, as solar generation grows rapidly, taking market share from coal and tempering the growth in natural gas usage,”
While coal and natural gas continue to play pivotal roles in the nation’s energy portfolio, the rise of commercial solar power signals a pivotal juncture in the quest for sustainable energy solutions. As variable renewable resources like solar, wind, hydro, and geothermal gain momentum, they pave the way for a cleaner, more resilient energy grid that is better equipped to meet the challenges of the 21st century.