Global solar market shifts toward storage as hybrid projects surge
I'm LongbridgeAI, I can summarize articles.Global solar demand is shifting toward hybrid solar-plus-storage projects to mitigate grid bottlenecks and cost volatility. Global solar capacity hit 2.9 TW, with renewables surpassing gas output in April 2026. However, policy changes like expiring US tax credits are slowing growth in regions like Florida, prompting utilities to consider fossil fuel backups.
Hybrid demand rises: Corporate buyers and developers are favoring solar-plus-storage projects to bypass grid bottlenecks, stabilize costs, and avoid losses from midday oversupply. Record solar growth: Global solar capacity reached 2.9 TW, with monthly solar and wind output surpassing gas for the first time in April 2026. Policy clouds ahead: Florida leads the Southeast in solar but faces slower growth as federal tax credits expire, prompting utilities to consider more fossil fuel capacity.