Spotlight On Texas As Trump Makes Solar Power Great Again
Key Points:
- Despite former President Trump's opposition to renewable energy, solar power has become the fastest-growing and most economical source of new electricity generation in the US, with projections for 2026 showing solar accounting for 51% of new capacity additions.
- Texas, traditionally a conservative state, has emerged as a leader in solar energy, rivaling California in installed solar capacity, supported by significant investments such as Origis Energy's $545 million financing for three utility-scale solar projects totaling 413 MW.
- The construction industry is increasingly backing renewable energy, exemplified by McCarthy Building Companies, a major US builder with extensive experience and resources in solar and energy storage projects, highlighting the industry's role in advancing the clean energy transition.
- New solar projects in Texas, including