Solar power installation surges by 21% in 2024 despite administration challenges

In 2024, solar energy installations in the United States reached a historic increase according to a report from the Solar Energy Industries Association (SEIA). The SEIA revealed that the industry installed 50 gigawatts of direct current capacity, marking a significant 21% rise from the previous year. This growth was largely attributed to the easing of supply chain issues resulting from the COVID-19 pandemic and the implementation of supportive policies from the Inflation Reduction Act. Notably, 66% of all new electricity-generating capacity in the US came from solar power, with states like Texas, California, and Florida leading in installations. Despite facing challenges from the Trump administration, which enacted policies favoring fossil fuels and rolled back climate initiatives, the renewable energy sector showed resilience. Solar jobs have seen a notable increase, growing by 15% within the clean energy workforce, which includes wind and geothermal energy sectors as well. The clean energy industry’s growth does not imply neglect of fossil fuel workers, as there are discussions on creating equitable transitions for those employed in fossil fuel-related jobs. Enhanced geothermal methods continue to be explored, showing promise for future energy independence and reliability. By 2023, as solar installations began to recover from economic turmoil caused by company bankruptcies, residential solar installations experienced a 9% increase. The overall trend for solar appears optimistic with expectations for similar installation levels into 2025. In addition, anticipated boosts in energy demand driven by technological advancements and increased electrification may result in electricity demand surging between 4% and 15% through the end of the decade. This evolution reflects broader goals for a more sustainable energy landscape in the US. For the renewable energy sector, the outlook continues to be positive despite political hurdles. Abigail Ross Hopper, SEIA president and CEO, stated the importance of supporting a varied energy strategy that encompasses growth in American energy sectors, specifically solar and storage. With technology in motion and a clear push from both policy and market interests, the future of renewable energy appears set to make substantial advancements in efficiency, economic growth, and job creation.