American Renewable Energy Manufacturing: 100 GW by 2030
SEIA has an ambitious but achievable goal – solar energy will constitute 20% of all U.S. electricity generation by 2030. To reach this target, we must grow our industry by 18% annually and install more than 500 gigawatts (“GW”) of solar projects by the end of 2030, building upon the nearly 100 GW of solar energy capacity that exists today. Achieving the 20% by 2030 goal will result in hundreds of thousands of new jobs, more than 14 million solar rooftops, and 500 million metric tons of avoided CO2 emissions.
To date, however, while the broader U.S. solar industry has and will continue to flourish, U.S. solar manufacturing has languished. It is time to seize the promise of American renewable energy manufacturing, including solar, wind, and energy storage.
In parallel with 20% SEIA’s goal, we have set an additional target of 100 GW of renewable energy manufacturing production capacity by 2030.