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Thursday, Sep 10, 2020

Utility Solar Market Drives Q2 Growth as Pandemic Causes Drop in Rooftop Solar Installations

Note: The Q3 2020 U.S. Solar Market Insight covers installation volumes in Q2 2020 and forward-looking trends. The second quarter of 2020 was the first full quarter in which the U.S. solar industry was exposed to the risks associated with the coronavirus pandemic. The forecasts in this report account for the coronavirus but are subject to uncertainty based on the unprecedented health, social and economic conditions in the United States.

Tuesday, Mar 17, 2020

Solar Accounts for 40% of U.S. Electric Generating Capacity Additions in 2019, Adds 13.3 GW

Note: While there is reference in the below release to the unknown impacts of COVID-19 on projections, we wanted to acknowledge the toll the pandemic is having, and emphasize that projections may need to be revised as the wider effects of the crisis across our interconnected society become clearer. WASHINGTON, D.C. and HOUSTON, TX – Solar accounted for 40% of all new electric generating capacity in the U.S. in 2019, its highest share ever and more than any other source of electricity, with 13.3 gigawatts (GW) installed.

Thursday, Dec 12, 2019

Solar Gains Are Evidence of the ITC’s Success and Why It Should Continue

The latest quarterly data on solar growth shows just how resilient this industry is. Even with misguided tariffs that make U.S. solar systems among the most expensive in the world, fifteen states (and the country as a whole) posted their best quarter ever for residential solar in Q3 2019. Just imagine how many states could have had a record-breaking quarter and how much closer we’d be to our next million solar installations if these tariffs weren’t in place.

Thursday, Dec 12, 2019

U.S. Solar Market and 15 States See Best Quarter Ever for Residential Solar

The U.S. residential solar market reached record highs in the third quarter of 2019 with 712 megawatts of solar installed.

Thursday, Sep 13, 2018

Utility Solar Procurement Booms as Residential Market Stabilizes in Q2 2018

Utility solar project procurement soared in Q2 2018 as component prices declined and home solar installations steadied after a 15 percent contraction last year, according to the latest U.S. Solar Market Insight Report from Wood Mackenzie Power & Renewables (previously known as GTM Research) and the Solar Energy Industries Association (SEIA).

Thursday, Mar 15, 2018

After Back-to-Back Years of Double-Digit Growth, U.S. Solar Passes 50 GW Milestone

At the end of 2015, there was just north of 25 gigawatts (GW) of solar PV installed in the United States. Now, after back-to-back years of double-digit gigawatt growth (15 GW in 2016 and 10.6 GW in 2017), the solar industry has more than doubled its total installed capacity to 53.3 GW through the end of 2017.

Thursday, Mar 15, 2018

U.S. Solar Market Adds 10.6 GW of PV in 2017, Community Solar Soars

BOSTON, Mass. and WASHINGTON D.C.  – In 2017, the U.S. solar market expanded, adding double-digit gigawatt solar photovoltaic (PV) additions for the second year in a row. According to the newly released U.S. Solar Market Insight Report 2017 Year-in-Review from GTM Research and the Solar Energy Industries Association (SEIA), the solar industry installed 10.6 gigawatts (GW) of new PV capacity in 2017, led by strong growth in the corporate and community solar segments.

Thursday, Dec 14, 2017

U.S. Solar Market Notches Another Quarter of 2 GW Growth, But Uncertainty Holds Back Installations

BOSTON Mass. and WASHINGTON, D.C. - The U.S. installed more than 2 gigawatts (GW) of solar photovoltaics (PV) in the third quarter of 2017, despite experiencing higher prices across all market segments and major policy uncertainty. In their latest U.S. Solar Market Insight report, GTM Research and the Solar Energy Industries Association (SEIA) said prices rose due to a tight global supply of modules and uncertainty around the Section 201 trade case now being weighed at the White House.

Thursday, Dec 14, 2017

Solar Market Insight Report 2017 Q4

U.S. Solar Market Insight™ is a high-quality, solar-specific analysis and forecast to industry professionals in the form of quarterly and annual reports. Released December 14, 2017.

Tuesday, Sep 12, 2017

Texas’ Solar Market Surges in Spring With Best Quarter in History

BOSTON Mass. and WASHINGTON D.C. — Texas’ solar market soared this past spring, adding 24 percent of all the state’s cumulative capacity in a three-month span, according to GTM Research and the Solar Energy Industries Association’s (SEIA) latest U.S. Solar Market Insight report.

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