This week s wind solar and energy storage

Is the green energy boom spreading beyond the Sun and wind belts?

And the green energy boom is spreading beyond the sun and wind belts. The New York grid hit a renewable record on June 24. New England recorded new highs for both wind and solar power this summer and the grid in the Mid-Atlantic states reported a record renewable harvest in late June.

How will trump's attack on solar & wind affect the energy industry?

The industry is facing difficulty getting permits, rising costs due to tariffs and the end of key tax credits. President Donald Trump 's attack on solar and wind projects threatens to raise energy prices for consumers and undermine a stretched electric grid that's already straining to meet rapidly growing demand, renewable energy executives warn.

When should solar power be stored?

These so-called storage facilities let power players sock away electrons when demand (read: prices) are low and discharge the juice when usage peaks. Often, the most economical strategy is storing solar power during the day and releasing it in the evening when the lights and TVs switch on and air conditioners are still humming.

How many GW of solar & battery storage will be added in 2024?

Together, solar and battery storage account for 81% of the expected total capacity additions, with solar making up over 50% of the increase. Solar. In 2024, generators added a record 30 GW of utility-scale solar to the U.S. grid, accounting for 61% of capacity additions last year.

Why are solar and battery storage costs rising?

Arevon is seeing costs for solar and battery storage projects increase by as much as 30% due to the metal tariffs, said Smith, the CEO. Many renewable developers are renegotiating power prices with utilities to cover the sudden spike in costs because projects no longer pencil out financially, he said.

How will trump's one big beautiful Bill affect solar and wind projects?

Trump's One Big Beautiful Bill Act ends two key tax credits for solar and wind projects in late 2027, making conditions even more challenging. The investment tax credit supported new renewable construction and the production credit boosted clean electricity generation. Those tax credits were just passed on to consumers, Smith said.