Sunrun CEO Mary Powell Loves Big Problems - The Wall Street Journal
Sunrun CEO Mary Powell Loves Big Problems - WSJ
July 28, 2023 12:24 pm ET
As Texans suffer record-breaking heat, many are staying cool thanks to an unexpected savior: solar energy. New solar farms and panels on homes have increased solar capacity in Texas sixfold since 2019, supplying around 15% of the state’s electricity during peak hours, according to the state’s grid operator. When some coal and gas plants suffered outages in June, Texas’s solar panels, wind turbines and giant batteries helped keep air conditioners humming.
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Related Knowledge Center: ENERGY BASICS: solar
Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.