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The apparent demand for solar power
Solar energy met nearly two-thirds of the growth in US electricity demand in 2025. According to a report from Ember, solar generation increased by 83 TWh, a 27% increase over 2024. This was the fourth-largest rate of increase. . The International Renewable Energy Agency (IRENA) reports that, between 2010 and 2023, the global weighted average levelized cost of energy of concentrating solar power (CSP) fell from $0. 39/kilowatt-hours (kWh) to under $0. It met all the. . We expect 63 gigawatts (GW) of new utility-scale electric-generating capacity to be added to the U. 6 GW of capacity was installed, the largest. . The US solar industry installed 7. Solar accounted for 56% of all new electricity-generating capacity added to the US grid in the first half of 2025, with a total of 18 GW. . Sectors such as solar energy (PV), automotive electric vehicles (EVs) and their infrastructure, and data centers and artificial intelligence (AI) will drive industrial demand higher through 2030.
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