"Rising generation from total renewables will cause natural gas generation to decline by 3% in 2025 and by another 1% in 2026," the EIA said.
The boost in wind and solar production has also been larger than the increase in generation from natural gas, which remains the single largest source of power on the grid, generating nearly 44 percent of the electricity used in the US.
Though data for December is still pending, wind and solar output for January through November put the country's renewable output above coal for the entire year.
The European Union's solar power generation has surpassed coal for the first time, driven by the Russian energy crisis and a push for renewable energy sources, but challenges remain in phasing out fossil fuels entirely.
Solar power overtook coal in the European Union’s electricity mix for the first time last year, while wind power’s share plateaued, data from energy think tank Ember showed on Thursday.
China's thermal power generation, primarily fueled by coal, reached a record high in 2024 despite a surge in renewable energy installations.
Financials-wise, 7C Solarparken has grown tremendously over the years. Operating cash flow and free cash flow have grown more than 10 times in the past 10 years, while revenue and ebitda have grown over seven times for the same period. The company’s ebitda margin and operating margin are 73% and 16%, respectively, representing a fairly strong moat.
China’s thermal power generation reached a record high in 2024, primarily due to the country’s coal-fired power plants, even as the country continues to add renewable energy resources to its […]
The surge in solar, now the European Union's fastest growing energy source, came as capacity additions hit a record high last year.
The Lone Star State produces and consumes more energy than any other state, according to the U.S. Energy Information Administration. America’s once-crude
Solar generated 11% of EU electricity in 2024, overtaking coal which fell below 10% for the first time, according to the European Electricity Review published today by think tank Ember.
KPI Green Energy Limited announced today the signing of a contract agreement with Coal India Limited to develop a 300 MW AC grid-connected solar PV plant in Gujarat’s Khavda region. The project, valued at ₹1,