Will new solar power generating capacity come online in 2024?

In the final five months of 2024, we expect new U.S. solar electricity generating capacity will make up 63%, or nearly two-thirds, of all new electricity generating capacity to come online in the United States.

How many GW of electric generating capacity are there in 2024?

According to our latest Preliminary Monthly Electric Generator Inventory, developers and power plant owners added 20.2 gigawatts (GW) of utility-scale electric generating capacity in the United States during the first half of 2024. This new capacity is 3.6 GW (21%) more than the capacity added during the first six months of 2023.

How much solar power will the US have in 2023?

Developers plan to add 54.5 gigawatts (GW) of new utility-scale electric-generating capacity to the U.S. power grid in 2023, according to our Preliminary Monthly Electric Generator Inventory. More than half of this capacity will be solar power (54%), followed by battery storage (17%). Solar.

Which solar projects came online in the first half of 2024?

The 380-MW battery storage capacity at Gemini and the 300-MW Eleven Mile Solar Center in Arizona were the two largest projects that came online in the first half of 2024. Wind power made up 12% (2.5 GW) of U.S. capacity additions.

How many GW of solar power will a utility-scale developer add?

Between August and December this year, we expect that U.S. utility-scale developers will add 24 GW of solar electricity generating capacity.

How much electricity will the US generate in 2024?

According to its Preliminary Monthly Electric Generator Inventory, the US energy sector expects to add 62.8 GW of new utility-scale electricity generating capacity in 2024. That in and of itself is not startling news. The EIA says the US generates nine times more electricity today than it did in 1950.