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U.S. Solar Power Soared in 2024

OilPrice.com Saturday, 21 December 2024 ()
The U.S. has experienced record solar growth in recent years, supported by the Biden administration’s Inflation Reduction Act (IRA) and greater access to green funding. The Solar Energies Industry Association (SEIA) has recorded record levels of added solar capacity over the last year, as more solar projects were added to the grid countrywide, significantly increasing the contribution of solar power to U.S. electricity generation. In quarter two of 2024, the U.S. solar market installed 9.4 GW of capacity, marking a 29 percent increase on…
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