Solar power is energy from the sun that is converted into thermal or electrical energy. The U.S. solar market is growing rapidly as the industry scales up new innovative technologies and drives down manufacturing and installation costs. There are several ways to harness solar energy: photovoltaics, solar heating & cooling, concentrating solar power, and passive solar.
The latest U.S. Solar Market Insight report makes it clear that the solar industry will see historic growth over the next decade. In fact, the report’s forecasts show the U.S. solar market will grow 4x by 2030 and reach over 419 gigawatts (GW) of capacity.
WASHINGTON, D.C. — Following is a statement by Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA), on the confirmation of President Biden’s U.S. Trade Representative nominee, Katherine Tai:
WASHINGTON, D.C. and HOUSTON, TX — The U.S. solar industry grew 43% and installed a record 19.2 gigawatts (GWdc) of capacity in 2020, according to the U.S. Solar Market Insight 2020 Year-in-Review report, released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.