U.S. Solar Energy Soars Despite Chinese Competition

The U.S. is seeing record solar energy capacity growth each year, thanks to greater public and private investment in the sector. The already rapidly growing solar industry boomed following the introduction of the Inflation Reduction Act (IRA) and other favourable policies. This growth is expected to continue, with several large-scale solar farms in the pipeline for the coming decade, supported by the deployment of utility-scale battery storage across the country. The solar boom has supported growth in the U.S. manufacturing sector and led to the…