U.S. Installs 7.3 GW in 2015, Set to Smash Records This Year
Updated March 9, 2016
The U.S. installed 7,260 megawatts (MW) of solar in 2015 to reach 27.4 gigawatts (GW) of total installed capacity, enough to power 5.4 million American homes. Thanks to a booming residential PV market and continued realization of the utility sector’s double-digit gigawatt project pipeline, 2015 was the biggest year yet in solar history. Despite this remarkable growth, the industry is set to more than double the amount of installed capacity in 2016.
The full report includes all the data and analysis from our Executive Summary plus incisive, state-level breakdowns of installations, costs, manufacturing and demand projections.
BOSTON, MASS AND WASHINGTON, D.C. The U.S. solar market is set to grow a staggering 119 percent this year says GTM Research in its latest U.S. Solar Market Insight Report 2015 Year in Review, published in conjunction with the Solar Energy Industries Association (SEIA).
For more facts and figures about the U.S. solar industry, including historical data and future projections, click here.
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- Click to Tweet: BREAKING: Brand new data shows the US #solar market will grow a staggering 119% in 2016! #SolarIsNow www.seia.org/smi @GTMResearch
- Click to Tweet: New SMI report shows...#drumrollplease...16GW of #solar will be installed in 2016, more than double 2015! www.seia.org/smi
- Click to Tweet: Today roughly 960k homes have installed #solar, but over the next 2 years that will nearly double! Check it out: www.seia.org/smi
- Click to Tweet: #DidYouKnow in 2016 #solar is expected to install more new capacity than ANY OTHER #electricity source? #SolarIsNow www.seia.org/smi
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