Solar & Storage Companies Add Over $100 Billion to U.S. Economy as a Result of…
The solar and storage workforce is expected to grow to nearly 500,000 jobs in the next decade.
The solar and storage workforce is expected to grow to nearly 500,000 jobs in the next decade.
The U.S. solar energy industry is hotter than it’s ever been, and the Inflation Reduction Act of 2022 hasn’t just stimulated new solar power development, it’s provided long-term stability and support to the industry that has changed the story. But then, what is the U.S. solar energy story today? If … [continued]
Primary energy consumption in the United States was 100.4 quadrillion British thermal units (quads) in 2022, a 3% increase from 2021. About 21% of U.S. energy consumption in 2022 came from nonfossil fuel sources such as renewables and nuclear—a tie with 2020 as the highest share since the early 1900s, … [continued]
Solar power is going strong again in the USA, and the first quarter set a new record for the amount of solar power that was installed in the first quarter of a year. In total, 6.1 gigawatts (6100 megawatts) of solar power capacity were installed last quarter, according to the … [continued]
… and from growth of fossil gas (aka “natural” gas).
Since 2007, the use of coal for electricity generation has generally been in decline, while the use of renewables has been on the rise. Electricity generation from nuclear had remained relatively flat over the last two decades but has experienced a slight decline in recent years. In 2022, net generation … [continued]
Manufacturing whitepaper and interactive map spell out opportunity to reshore the solar supply chain
Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, January 2023
Wind, solar, and battery storage are growing as a share of new electric-generating capacity each year. In 2023, these three technologies account for 82% of the new, utility-scale generating capacity that developers plan to bring online in the United States, according to our Preliminary Monthly Electric Generator Inventory. Utility-scale solar … [continued]
According to the latest Rethink Energy report, “global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high … [continued]
Developers and power plant owners plan to significantly increase utility-scale battery storage capacity in the United States over the next three years, reaching 30.0 gigawatts (GW) by the end of 2025, based on our latest Preliminary Monthly Electric Generator Inventory. Developers and power plant owners report operating and planned capacity additions, … [continued]