01/25/2025

EIA Says New Solar Plants to Power Majority of U.S. Electricity Generation Growth

It also said coal retirements will likely accelerate

The U.S. Energy Information Agency expects growth in U.S. power generation over the next two years to be mostly driven by new solar plants, it said on Friday.

The EIA said in a note that U.S. utilities and independent power producers are expected to add 26 gigawatts (GW) of solar capacity in 2025 and another 22 GW through 2026.

In 2024, the electric power sector added a record 37 GW of solar power capacity, almost double the 2023 additions.

Please select this link to read the complete article from Reuters.