“Solar, now a $60 billion industry, is adding mo
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Posted On: 03/22/2025 9:18:43 AM
“Solar, now a $60 billion industry, is adding more new capacity to the US grid than any other fuel source amid the largest increase in electricity demand since World War II,” said SEIA President and CEO Abigail Ross Hopper.
Industry growth
The solar industry grew 128% during Trump’s first term, from 2016 to 2020, according to trade body the Solar Energy Industries Association (SEIA). It was the largest source of electricity generation capacity added to the US grid in 2024. The US Energy Information Administration (EIA) reports solar made up more than 64% of the new US grid-tied generation capacity added from January to September 2024, ahead of natural gas.
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Industry growth
The solar industry grew 128% during Trump’s first term, from 2016 to 2020, according to trade body the Solar Energy Industries Association (SEIA). It was the largest source of electricity generation capacity added to the US grid in 2024. The US Energy Information Administration (EIA) reports solar made up more than 64% of the new US grid-tied generation capacity added from January to September 2024, ahead of natural gas.
Quote:
https://www.pv-magazine.com/2025/03/22/is-tru...-us-solar/
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