US to add 36.4GW solar capacity in 2024, led by Texas, California, and Florida’s growth.

The US is expected to add 36.4GW of new solar generation capacity to the US in 2024, accounting for 58% of all capacity additions. The majority of this capacity will be added in the US’s leading solar states, Texas, California, and Florida, which is predicted to account for 6% of the total capacity additions in the coming years. The EIA also highlighted the potential growth in battery storage capacity, with the 14.3GW forecasted by the EIA, second only to the solar sector, and the total operational storage capacity expected to nearly double in 2024. This follows encouraging developments for the US solar sector including rooftop solar meeting 1.5% of US’ total electricity demand in 2022 and industry leader Texas breaking its own daily solar generation records.