Solar is projected to account for almost half of the new generating capacity added in the new year
It’s a new year, and the U.S. government has just released figures that forecast solar will be the single largest source of new energy produced in the country in 2022 by a wide margin.
The U.S. Energy Information Administration projects that of the 45 gigawatts (GW) of new energy generation capacity added in 2022, almost half – a whopping 21.5 GW – will be from solar. That’s also an increase of over 50% from the 15.5 GW of solar capacity the U.S. added last year.
According to the EIA data, 2022 will also see an 84% increase in battery storage capacity, with lowered costs and deployment of batteries in conjunction with renewable energy sources like solar cited as key factors for the massive growth.
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