Big Money For Solar, As Biden Targets Half Of U.S. Electricity From The Sun By 2050

A Solar Futures Study released by the Department of Energy (DOE) Wednesday projected that solar energy generation could reach 40% of the nation’s electricity consumption by 2035 and achieve nearly 50% by 2050, contingent on large federal government infrastructure investments such as those proposed by the Biden Administration. The study found that to reach 40% solar in the next 15 years, the US must double capacity each year until 2025, and then double it again from 2025 to 2030. The question is whether it is realistic — both technologically and economically.