# Energy Sector News Highlights: June 8, 2025
## Global Energy Investment
Global energy investment is set to rise to $3.3 trillion in 2025 amid economic uncertainty and energy security concerns. Investment in solar energy, both utility-scale and rooftop, is expected to reach $450 billion in 2025, making it the single largest item in the global energy investment portfolio[1].
## Solar and Energy Storage Growth
The U.S. power grid is expected to add 63 gigawatts (GW) of new utility-scale electric-generating capacity in 2025, with solar power leading at nearly 49 GW – enough to power more than 35 million homes. Texas is leading the solar expansion with more than 12 GW of planned capacity, while battery storage is set to achieve record growth with 18.2 GW of utility-scale battery storage expected to be added to the grid in 2025[5][7].
## Wind Energy Development
Wind capacity additions are projected to reach 7.7 GW in 2025, with Texas, Wyoming, and Massachusetts accounting for almost half of these additions. Two significant offshore wind plants are expected to come online: the 800-megawatt Vineyard Wind 1 in Massachusetts and the 715-MW Revolution Wind in Rhode Island[7].
## New Gas Power Plant in Texas
Sandow Lakes Energy is developing a 1,200-megawatt gas power plant in Texas, large enough to power a major city. While the plant will be connected to Texas’ public grid, it will only supply 80 megawatts to the public grid temporarily, with the majority of power going to private customers, likely including energy-intensive data centers and cryptocurrency operations[6].
## Renewable Energy Tax Credits
The U.S. House of Representatives has introduced the Financing Energy Future Act (H.B. 2545), which would allow renewable energy developments to access master limited partnerships, a flexible business structure previously available exclusively to fossil fuel developments. Federal government investments in renewable energy tax credits are projected to reach approximately $300 billion between 2026 and 2035[4].
## Data Center Expansion with Renewable Energy
The AMS-1 data center expansion is proceeding with 100% renewable energy and will provide 10 MW of additional IT capacity. This development highlights the growing trend of data centers prioritizing renewable energy sources for their power-intensive operations[2].