In the 34th episode of the League Podcast, Benoy Thanjan and David Magid break down the most important trends shaping the renewable energy market today. In just five minutes, we cover the biggest opportunities and risks facing developers, investors, and innovators in solar, storage, and beyond.
Key Takeaways
Data Centers Driving Demand – Over 9.4 GW of interconnection applications in New Jersey’s PSEG market in the last 12 months, led by data centers and advanced manufacturing.
Community Solar Boom – New Jersey targets 3 GW by 2029, opening opportunities for rooftop developers; Illinois, Maryland, and New York projects can now pencil without the ITC if interconnection and lease terms align.
Hybrid Power Solutions – A 944 MW behind-the-meter natural gas + battery storage plant in Pennsylvania highlights the shift toward hybrid generation and reliability models.
Solar + Storage vs. Gas – New Jefferies analysis shows solar + storage is now cheaper than natural gas on a levelized cost basis.
Safe Harbor Updates – New rules replace the 5% test with “beginning of construction” standards for projects above 1.5 MW AC, requiring four-year continuity and physical work tests.
Capacity Growth Outlook – EIA forecasts 64 GW of solar and 18 GW of storage additions in 2025, making solar nearly half of all new U.S. capacity.
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