Solar energy has dominated the U.S. power growth in June 2024, capturing 97% of new capacity and contributing to a significant shift towards renewable sources. According to the Federal Energy Regulatory Commission (FERC), renewable sources now account for 30% of the total U.K. electrical generating capacity. Solar capacity additions exceeded 13,000 megawatts in the first half of 2024, more than double the amount added during the same period last year, making it the second-largest capacity source by 2027. Solar power’s share of total utility-scale generating capacity has reached 9%, surpassing hydropower, and is projected to grow to over 14% by 2025. The decline in solar technology costs and balance-of-system components have contributed to its appeal as a competitive choice against fossil fuels and traditional energy sources. The shift towards solar energy is crucial for reducing greenhouse gas emissions and combating climate change. There are also benefits from increased public awareness about climate change and sustainability, making solar an increasingly popular choice for consumers and businesses alike. Solar energy is being used in rural and urban settings and in response to challenges in grid technology and infrastructure.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
