Big Tech firms, like Amazon and Microsoft, drive rapid solar power growth in US to power data centers, forecast to make up 58% of new electricity in 2024.

Big Tech firms like Amazon and Microsoft are driving rapid solar power growth in the US to power their data centers, with solar forecast to make up 58% of new electricity generation installed in 2024. Solar power is on track to surpass natural gas in new power plant additions this year. Despite challenges in connecting renewables to the grid and building transmission lines, the energy transition away from fossil fuels is gaining momentum as demand for clean energy increases due to the CHIPS and Science Act and expanding US manufacturing.

June 19, 2024
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