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.
Germany has decked its balconies with plug-in solar panels for years. Following Utah’s legislation to make plug-in solar accessible, Vermont is preparing for a bill to do the same.
AI startup 257’s targeted market intelligence cuts costs for the residential solar and electrification industry, a market that it said spends an estimated $20-billion-plus annual marketing.
For a couple months every two years, every state’s legislative session align, and this year, energy policy dominated many states’ sessions. In regulated energy markets, advocacy groups crusaded against utilities that were relentless to not lose any of their monopoly share to clean energy.
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