In 2024, the U.S. experienced a 47% increase in renewable energy capacity compared to the previous year, adding 48.2 gigawatts of utility-scale solar, wind, and battery storage, enough to power approximately 3.6 million homes.
Solar power saw the fastest growth, particularly in states like Texas (8.9 GW) and Florida (3 GW). Battery storage also expanded significantly, with new markets emerging in Arizona and Nevada, featuring multiple battery megaprojects (100 MW+).
Wind power growth has stagnated due to rising interest rates, material costs, supply chain disruptions, and permitting challenges for new transmission lines.
Renewables accounted for 93% of new capacity in 2024, with nuclear adding 2%, signaling a shift towards zero-emissions energy.