Blockchain Registration Transaction Record

Solar Energy to Power Half of New US Electricity Capacity in 2024

EIA reports solar energy will comprise 50% of new US electricity capacity in 2024, boosting renewable energy transition and creating opportunities for metals companies.

This development signals a major acceleration in America's clean energy transition, directly impacting consumers through potential long-term electricity cost stability and reduced environmental footprint. The solar boom creates economic opportunities across the supply chain, from mining companies extracting critical metals to manufacturers and installers, while advancing national energy security and climate goals. For investors, it highlights growing sectors in renewable infrastructure and the materials needed to support this expansion.