US Renewable Deployment Expected to Surge in 2026 Despite Tax Law Headwinds
Renewables dominated US capacity growth in 2025, accounting for [1] 93% of additions (30.2 gigawatts) through September, with solar and storage making up 83% of that growth. Despite a challenging 2025 marked by the One Big Beautiful Bill Act rolling back clean energy tax credits, deployment is expected to accelerate in 2026 as developers shift to safe-harbor projects, with only [1] 35% of the pipeline currently under construction. Battery storage is scaling rapidly to meet data center demand, with [1] US operating storage capacity reaching 37.4 GW by October 2025, up 32% year-to-date, and another 19 GW under construction through 2026.
Global Solar Growth Expected to Slow for First Time as China Shifts Policy
The world is poised to experience [2] its first annual decline in solar installations in 2026, albeit by less than 10%, as China’s annual additions fall from roughly 300 GW in 2025 to about 200 GW in 2026 due to a major policy shift from guaranteed pricing to competitive bidding. Since [2] China accounts for 50% of global additions over the past decade, this slowdown will have significant global impact. However, [2] cumulative PV capacity is still expected to double over the next five years, supported by emerging markets and battery energy storage innovation.
Germany’s Renewables Expansion Faces Medium-Term Uncertainty Despite Strong 2025
Germany achieved [4]