2025 Sustainable Energy in America Factbook
Renewable energy sources met a record volume of US energy demand in 2024. The combined contribution of wind, solar, biomass, waste-to-energy, geothermal and hydropower rose at the
Solar and energy storage accounted for 84% of new electricity generation capacity added to the U.S. power grid last year, but the industry faces a challenging future with the new U.S. administration's energy policies, a report published on Tuesday said.
Solar deployment and electric vehicle (EV) sales broke records in 2023 and 2024. Renewables now dominate new power generation capacity, while new domestic clean energy manufacturing facilities are popping up around the nation. However, headwinds are also getting stronger.
The industry remains optimistic about the role of solar in achieving energy dominance and meeting rising electricity demand. State-level initiatives and corporate demand will gain more relevance and drive solar development, potentially mitigating the impact of federal mandates.
In 2024, the US solar industry installed nearly 50 gigawatts direct current (GWdc) of capacity, a 21% increase from 2023. This was the second consecutive year of record-breaking capacity. Solar accounted for 66% of all new electricity-generating capacity added to the US grid in 2024, as the industry continued experiencing record growth.
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