In 2024, generators added a record 30 GW of utility-scale solar to the U. We expect this trend will continue in 2025, with 32. power grid in 2025 in our latest Preliminary Monthly Electric Generator Inventory report. 6 GW of capacity was installed, the largest. The new phase of the energy transition is unfolding in three waves, each building on the last: scale and cost reduction, technology and infrastructure expansion, and system integration. As we stand in 2025, the global energy landscape is rapidly transforming, with renewable sources like solar and wind power accounting for an increasingly larger share of electricity. ble energy resources—wind, solar photovoltaic, and battery energy storage systems (BESS). These resources electrically connect to the grid through an inverter— power electronic devices that convert DC energy into AC energy—and are referred to as inverter-based resources (IBRs).