Hello Sunshine Lovers,
Harness the power of the sun with me as we learn about solar energy’s skyrocketing growth in today’s post. Year after year, significant strides are being made in the solar industry, as more solar companies are producing solar panels for your home, and substantial solar arrays for home use are becoming increasingly popular.
A recent update from the Federal Energy Regulatory Commission (FERC) showed that solar has led the race in capacity additions, representing 63.7% of all new energy added to the American grid from January to April this year. A whopping 33 solar energy facilities across the United States were interconnected to the utility grid around this time, adding 1374 MW of capacity. This versatile renewable energy source has not only outperformed other renewable energy sources like wind and natural gas, but also dominated traditionally used non-renewable energy sources like coal and oil.
If you’re wondering what role solar companies play in this, well, they’ve been at the heart of this transformation. Solar companies are pushing innovative solutions, making solar panels for your home more efficient, affordable, and accessible than ever before. These advancements have been crucial in expanding the solar market and driving the demand for solar array for home use.
What’s even more exciting is FERC’s projection that solar will continue to dominate new capacity additions from May 2024 through April 2027, with an expected 88,195 MW! It’s evident that we’re moving towards a future powered by the sun, and if you’re contemplating joining the solar revolution by installing solar panels for your home or even a large-scale solar array for your home, now is the perfect time.
Solar’s prominence in the energy mix may only be 9% at present, but its bright future is indisputable, given its wide margin lead in capacity addition. The fact that high emission sources such as coal and natural gas are set to retire substantial capacities further strengthens solar’s potential for growth and prevalence.
To give us a glimpse of what this growth might look like, recent projects interconnected to the grid include Sparta Solar LLC’s 250.0 MW project in Texas, Hardy Hills Solar Energy LLC’s 195.0 MW project in Indiana, Zier Solar LLC’s 163.0 MW project in Texas, among others. These entries are just touching the surface of what the combined creativity of solar companies can do!
As we look forward to this bright and sunny future, I hope to continue providing you with the most recent and relevant solar news, making the process of choosing solar panels for your home — or even a large solar array for home use — easier and more exciting. I can’t wait to embark on this sunny journey together!
Stay solar-powered,
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Original Articlehttps://pv-magazine-usa.com/2024/06/13/solar-represents-64-of-u-s-electric-capacity-additions-in-2024/
