World News

World News16.02.2024

Solar + battery storage will make up 81% of new US electric generating capacity in 2024

QAZAQ GREEN. The US Energy Information Administration (EIA) reports today that 62.8 gigawatts (GW) of new utility-scale electric generating capacity is coming online in 2024 – here’s how it breaks down, Electrek reports.

Let’s talk solar first. The EIA expects a record addition of utility-scale solar in 2024 if the scheduled 36.4 GW come online. That would nearly double 2023’s 18.4 GW increase, already a record setter for annual US utility-scale solar installation. Supply chain challenges and trade restrictions are easing, so solar continues – and will continue – to outpace capacity additions from other sources.

More than half of new utility-scale solar capacity is planned for just three states: Texas (35%), California (10%), and Florida (6%). The 690 MW Gemini solar facility in Nevada, with battery storage of 380 MW, is also expected to go live in 2024 – and it will then become the US’s largest solar farm.

Second up is battery storage, which is growing at breakneck speed. As I covered at the beginning of January, the EIA expects battery storage capacity to nearly double in 2024 – another record-setting year.

Developers are expected to add 14.3 GW of battery storage in 2024 to the existing 15.5 GW. In 2023, 6.4 GW of new battery storage capacity was added to the grid, a 70% annual increase.

As for wind power, 8.2 GW is scheduled to come online in 2024. Wind capacity additions have slowed in the last couple of years following the record additions of more than 14 GW in both 2020 and 2021. This year will see the 800 MW Vineyard Wind 1 off Massachusetts and the 130 MW South Fork Wind off New York come fully online this year, putting the US on the map for utility-scale wind power for the first time ever.

30.04.2025
Launch of the SDG 7 Roadmap for Kazakhstan: advancing sustainable energy
29.04.2025
IKEA’s Ingka Investments inaugurates solar park in Poland
29.04.2025
Researchers use sunlight to produce four times more hydrogen from sugarcane waste
29.04.2025
China's solar power capacity grew by 43% per year
29.04.2025
Kazakhstan aims for carbon neutrality, but heating remains a challenge
28.04.2025
Removable solar panels on railway tracks launched in Switzerland
28.04.2025
Hydnum Steel to receive €60 million to build green steel plant in the Pyrenees
25.04.2025
Cameras to be installed in remote villages beyond the reach of power and internet
25.04.2025
GWEC’s report: A record-breaking 117 GW was installed in 2024
25.04.2025
IRENA and Georgia release Roadmap to diversify energy mix and boost energy security
24.04.2025
Mercedes’ solar paint could give EVs thousands of miles of range every year
24.04.2025
Azerbaijan to promote renewables in heat energy sector
24.04.2025
Renewable energy facilities generated 5.93% of Kazakhstan's electricity in Q1 2025
24.04.2025
Cuba planning to increase share of renewables in its energy mix to 17% by end of 2026
23.04.2025
IFC ready to invest over $130 million in renewable energy and water supply projects in Kyrgyzstan
23.04.2025
US to impose tariffs of up to 3,521% on south-east Asia solar panels
23.04.2025
Two large wind farms to boost energy security in Zhambyl region
23.04.2025
US $5.9 million for a sustainable future: applications open for the 2026 Zayed Sustainability Prize
22.04.2025
Flexible solar cell efficiency record smashed by Chinese scientists at 24.6%
22.04.2025
Kazakhstan considers geothermal heat pumps for greener heating and cooling