“Solar records have been set in all seven of the U.S.’s organized wholesale power markets. Records have also fallen in utility service territories outside these organized markets, notably in Florida.

These power production records (all of which are current through April 17) are the direct result of a rapid capacity buildout. According to the Energy Information Administration (EIA), the U.S. added 31 gigawatts (GW) of solar generation capacity in 2024 alone, raising the total to 121.2 GW. An additional 3 GW came online in January, and those additions are now showing up in the record-breaking spring generation numbers. More than 50 GW of additional solar capacity is expected to come online in 2025 and 2026.”

From Institute for Energy Economics and Financial Analysis.