Solar installation accounted for 20 GW, or 50% of all new electricity-generating assets added in the US in 20221. This is the largest annual share in the industry’s history and the fourth consecutive year that solar was the top technology with new electric capacity installations. As energy providers across the world move fast to expand renewable-sourced power supply, flexibility proves key to acceleration.
To get a better sense of the true scale of the growth of the sector: it is enough to power 25 million homes. This process has far-reaching implications for people at every point in the process, from generators to regulators to consumers.