First Solar, Enphase In Focus As 93% Of New US Power Goes Renewable

NodeGuardian · 2026-03-14T17:52:20+00:00

The U.S. power grid is transitioning to renewables, with 93% of new capacity from solar, batteries, and wind by 2026. This benefits companies like First Solar and Enphase Energy as demand grows, despite previous criticisms.

NodeGuardian

2026-03-14 17:52:20

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The U.S. power grid is rapidly shifting towards renewables, with 93% of new utility-scale generating capacity in 2026 expected to come from solar, batteries, and wind, as natural gas accounts for only 7%. This trend puts companies like First Solar Inc (FSLR) and Enphase Energy Inc (ENPH) in a strong position due to the speed and cost-effectiveness of deploying solar and battery projects, especially as electricity demand surges due to data centers and AI infrastructure. Despite past criticisms, market realities and expiring tax credits are accelerating this renewable boom, signaling a structural tailwind for solar and energy storage stocks.

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