Solar Energy Dominates US Power Additions in 2024

Reported about 23 hours ago

In 2024, solar energy comprised 84% of the new electricity generation capacity added to the U.S. power grid, installing 50 gigawatts (GW) and marking the largest growth in over two decades, according to a recent report. However, the industry may face challenges due to new U.S. administration policies that could impact tax credits and federal funding for clean energy, potentially slowing down solar deployment and leading to significant investment losses.

Source: YAHOO

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