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EIA: Solar Will Surge in 2024, Account for More Than Half of New U.S. Capacity

February 19, 2024

Installations of new solar power generation capacity this year are expected to nearly double the amount that was built in 2023, according to the U.S. Energy Information Administration (EIA).

The agency is its latest “Preliminary Monthly Electric Generator Inventory” report said developers expect to add 36.4 GW of new solar capacity in 2024. That compares to 18.4 GW of new capacity added last year. The EIA is expected to publish its next update on Feb. 26.

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