U.S. solar power purchase agreement prices rose 4% quarter-over-quarter in Q3 2025, and prices may continue to increase for “months and years to come,” said a report from PPA marketplace operator LevelTen Energy.
New IEEE report tracks PV penetration and the growing role of grid battery storage. Approximately 70% of newly installed global electricity generating capacity for 2024 came from PV, with record installations in China (278 GW) and the U.S. (38 GW).
The International Energy Agency (IEA) cut its 2025–30 renewables forecast by 5%, citing lower solar additions, though PV still represents nearly 80% of 4.6 TW expected growth.
Beginning operations in 2014, the Ivanpah Solar plant cost $2.2 billion to build. It is now closing operations, but the plant’s closure is not an indication cost problems for the solar industry.
Solar and wind represent about 11% to 12% of the energy mix each, while coal sits just under 15%. Developers brought online 16 GW of solar out of a total 21.5 GW electric generation capacity cumulatively added through July in 2025, said the Federal Energy Regulatory Commission. There is currently about 5 GW more wind than solar actively deployed in the United States.
Wood Mackenzie reported a 36% decline year over year for the first half of 2025 and forecasts 12% annual contraction through 2030.
Most utilities failed Sierra Club’s annual report because they are building and maintaining too many fossil fuel plants and too few clean energy projects to keep up with demand.
Tesla slipped in home battery and inverter market share, while REC led among panel suppliers, said residential solar marketplace operator EnergySage.
Virtual power plant (VPP) capacity grew a modest 13.7%, while company deployments, unique offtakers and monetized programs each grew over 33% from the previous year, Wood Mackenzie’s annual VPP report found.
Crux’s 2025 Mid-Year State of Clean Energy Finance report finds transferable tax credits nearly doubled year-over-year, with the total tax credit market reaching toward $60 billion for the full year. Solar and storage dominate activity, while manufacturers are beginning to spread their wings.
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