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U.S. Solar Market Insight

Solar Adds More Than 4 Gigawatts of Capacity in Q3, Marking its Largest Quarter in History

Updated December 13, 2016

executive summaryThe U.S. installed 4,143 megawatts (MW) of solar PV in Q3 2016 to reach 35.8 gigawatts (GW) of total installed capacity, enough to power 6.5 million American homes. With more than 1 million residential solar installations nationwide and record-breaking growth in the utility-scale sector, the industry is poised to nearly double year-over-year. 

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Press Release

executive summaryBOSTON, MASS AND WASHINGTON, D.C. - The United States solar market just shattered all previous quarterly solar photovoltaic (PV) installation records. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q4 2016 U.S. Solar Market Insight report, 4,143 megawatts (MW) of solar PV were installed in the U.S. in the third quarter of the year, a rate of one MW every 32 minutes. That pace is even faster today, as the fourth quarter will surpass this past quarter’s historic total.

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