US Solar Capacity Surges While Residential Market Struggles
Texas leads in utility-scale solar, but challenges persist for residential installations and policy debates continue
- US solar manufacturing capacity has quadrupled to over 31 gigawatts since the Inflation Reduction Act was passed in 2022.
- Texas has now surpassed California as the top state for utility-scale solar capacity, reaching 21,932 megawatts.
- The residential solar market has faced declines, particularly in California, due to high interest rates and policy changes.
- House Republicans are pushing a bill to prevent electric vehicles with Chinese components from receiving federal incentives.
- Oil companies in the Gulf of Mexico are halting operations and evacuating staff in anticipation of Tropical Storm Francine.