According to the Solar Energy Industries Association's (SEIA) Supply Chain Dashboard, companies have announced plans for 56 GW of new U. Solar tracker manufacturing capacity now exceeds 80 GW. . This achievement is a critical step toward building a U. -based solar supply chain that ends our reliance on foreign adversaries and supports American workers. . Manufacturing Renaissance: US solar manufacturing capacity has grown 190% year-over-year in 2024, reaching over 51 GW annually—enough to meet nearly all domestic demand while creating over 33,000 manufacturing jobs across the country.
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Current forecasts indicate that approximately 18 gigawatts of new utility-scale battery storage capacity will come online by the end of 2025, making battery storage the largest annual buildout on record. This rapid growth is being driven by several converging forces. Adding bulk energy storage to New York's grid will lower costs. . Turnkey 800V BESS solutions reduce installation complexity, cut system losses, and improve economics for grid services and PV-BESS collocation projects. By mid-2025, industry tracking showed that year-to-date battery installations had already exceeded the total of 2024's additions.
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NYCIDA closed its largest battery energy storage project to date, the East River Energy Storage Project, located on an industrial site on the East River in Astoria, Queens. When built, the facility will be able to hold up to 100 megawatts (MW) and power over tens of thousands of. . QUEENS, NY —Today, New York City Economic Development Corporation (NYCEDC) and the New York City Industrial Development Agency (NYCIDA) announced the advancement of a key commitment in New York City's Green Economy Action Plan to develop a clean and renewable energy system. The Willis substation is adjacent to the facility.
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