MEETING LOAD GROWTH WITH FLEXIBILITY
U.S. power demand is accelerating faster than expected. According to the Energy Information Administration, electricity demand is projected to grow by up to 29% through 2040, driven by the explosive rise of artificial intelligence, data centers, electrification, and industrial expansion. This is a remarkable growth forecast.
As demand surges, infrastructure is struggling to keep pace. Interconnection delays are stretching timelines. Transmission constraints are limiting new capacity. And for utilities and large energy users, reliability is a front-line risk.
The next phase of energy development will be defined by how effectively multiple technologies are combined. Integrated, flexible portfolios are emerging as the only viable path forward to balance speed, cost, and reliability in a system under pressure with AI data center-driven load growth.
Solar+storage is a foundation of new capacity buildout, providing the scalability and responsiveness needed to manage peaks and deliver grid services
At the same time, gas-fired generation continues to play a critical role as a reliability backstop
In the long-term, pairing renewable sources with nuclear power can help lower costs and boost energy independence
For developers, operators, and large energy users, the challenge extends beyond what to build to how it’s built - and how quickly it can be delivered.
That’s where Candela’s experience becomes a differentiator.
Candela has one of the most accomplished and experienced utility-scale solar and storage development teams in the United States, with nearly two decades of experience partnering with major load serving entities, hyperscalers, and data center operators. As market conditions evolve, we continue to expand our capabilities to support a broader set of generation and infrastructure solutions
In addition to its leadership in solar and storage, the team brings deep expertise in gas-fired generation, wind, environmental permitting and compliance across a range of utility-scale assets. We apply the same disciplined approach to execution, permitting, and stakeholder alignment to ensure projects are delivered on time and built to perform. This level of expertise allows us to deliver integrated solutions that balance speed, cost, and reliability in a dynamic energy market
By working closely with both established players and new market entrants, we ensure access to resilient, cost-effective power that supports rapid growth, operational stability, and long-term sustainability goals.
At Candela, we know the stakes are higher than ever before for meeting load growth with flexible power development. That’s why we bring a proven combination of technology, experience, and execution to deliver.