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Trends and Insights

28 Jan 2024

22M Acres

US Is Betting Big On Solar

The US has allocated 22 million acres of federal land across 11 states for solar power projects, surpassing the anticipated 700,000 acres needed for the next 20 years. This decision provides greater development flexibility, aiming to meet the country's renewable energy goals. The solar industry praises this as a significant development, contrasting with the 80 million acres available for oil and gas.