The sector will install 324 gigawatt of capacity over the next decade, more than three times the nearly 100 GW installed by 2020, the U.S. Solar Energy Industries Association said, citing a report issued jointly with Wood Mackenzie.
The outlook reflects both robust demand from utilities and corporations seeking to meet greenhouse gas reduction goals and declining costs for the technology that has buttressed the market for home solar installations. Installations rose 43% last year to 19.2 GW, an annual record for the industry. Utility-scale projects, which account for most of the market, experienced only minor disruptions due to coronavirus pandemic-related shutdowns. Residential installations took a large hit in the second quarter due to the pandemic, but ended the year up 11% at a record 3.1 GW.
Why can’t it go any faster?
ugly.. but useful..
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Congress should stabilize residential tax credits for ho.eowners who eat to install themselves, i.e. not turn over the credits to a builder company.
Just wait for the next hail storm.
And by 2030 the population will have grown and we'll be back to square one. overpopulation
Nowardays, Solar power is more affordable, accessible, and prevalent in the United States than ever before. Markets for solar energy mare maturing rapidly around the country, and solar electricity is now economically-competitive with conventional energy sources in several states.
Fields of ugly panels blanketing the earth, how wonderful.
At tax payers expense.
thanks for this news