Solar accounts for 84% of new electricity sources added to U.S. grid in 2024, but policy uncertainty looms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2025
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Source: SeekingAlpha
Record Solar Capacity Installation: The U.S. installed a record 50 gigawatts of new solar capacity in 2024, accounting for 84% of all new electric generating capacity, but potential policy changes could threaten future growth.
Impact of Policies on Solar Industry: The Solar Energy Industries Association emphasizes the importance of continued support for solar policies to maintain industry momentum, as challenges such as load growth and funding cuts from the Trump administration loom ahead.
Analyst Views on FAN
Wall Street analysts forecast FAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 21.710
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Current: 21.710
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
