# Solar Industry Trends and Updates: Key Insights for 2024
The solar industry continues to expand, with new developments shaping the way homeowners and businesses adopt renewable energy. From policy changes to advances in solar technology, staying informed can help you make the best decisions when considering **solar panels for your home**. Here’s a look at some of the biggest updates in the solar market right now.
## **The Growing Role of Solar in U.S. Energy Deployment**
The Energy Information Administration (EIA) projects that **solar, battery storage, and wind** will account for 93% of new electricity capacity in 2025. With **32.5 GW of solar** expected to be deployed, the industry is on track for record growth. This trend underscores how crucial **solar arrays for homes** and businesses have become in the transition to a clean energy future.
## **Net Metering Under Pressure in Maine**
Homeowners exploring **solar panels for your home** often rely on net metering to maximize financial benefits. However, changes to state policies can significantly impact savings. In Maine, legislation is being introduced that could limit net energy billing, affecting how homeowners are credited for excess solar production. These developments highlight the importance of
Original Article: https://pv-magazine-usa.com/2025/02/28/in-case-you-missed-it-six-big-solar-stories-in-the-news-this-week-2/
