Will Biden’s Solar Energy Initiatives Generate Better Prospects for NextEra Energy Xcel Energy? In the event of climate changes visible worldwide, the growing need for cleaner sources of energy cannot be avoided. Advanced technologies are being developed across the globe to curtail the impact of greenhouse gases on the environment. In the United States, the Joe Biden government has invested heavily in offshore wind, nuclear and clean hydrogen technologies. Also, the government is giving importance to solar power. By 2024, the Biden government aims to increase its in-house manufacturing capacity of solar energy to 22.5 gigawatts from the present 7.5 gigawatts. To accomplish this target, the White House made critical announcements related to the solar industry on June 6, 2022 (Monday).