WOW! U.S. solar industry has largest Q3 of all tim
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Posted On: 12/07/2024 8:48:43 AM
WOW! U.S. solar industry has largest Q3 of all time
By Kelsey Misbrener | December 4, 2024
https://www.solarpowerworldonline.com/2024/12...-all-time/
Association (SEIA) and Wood Mackenzie, the U.S. solar industry installed 8.6 GW of new electricity generation capacity in Q3, representing a 21% year-over-year increase and the largest Q3 ever for the industry.
The utility-scale segment led the industry with 6.6 GW of new projects coming online. Utilities and businesses are driving this growth as they procure significant levels of solar to meet rising demand for electricity. The commercial and community solar markets also experienced strong gains in Q3, growing by 44% and 12% year-over-year, respectively.
Texas continues to lead the nation in solar deployment, adding 2.4 GW of capacity in Q3. The Lone Star State accounts for 26% of all new capacity to come online so far in 2024. Florida has installed the second-most solar capacity in 2024, and nearly 30,000 Florida households have installed solar this year.
In the last two years, 1.4 million American households have used federal incentives to install solar and lower their energy costs.
ICYMI
By Kelsey Misbrener | December 4, 2024
https://www.solarpowerworldonline.com/2024/12...-all-time/
Association (SEIA) and Wood Mackenzie, the U.S. solar industry installed 8.6 GW of new electricity generation capacity in Q3, representing a 21% year-over-year increase and the largest Q3 ever for the industry.
The utility-scale segment led the industry with 6.6 GW of new projects coming online. Utilities and businesses are driving this growth as they procure significant levels of solar to meet rising demand for electricity. The commercial and community solar markets also experienced strong gains in Q3, growing by 44% and 12% year-over-year, respectively.
Texas continues to lead the nation in solar deployment, adding 2.4 GW of capacity in Q3. The Lone Star State accounts for 26% of all new capacity to come online so far in 2024. Florida has installed the second-most solar capacity in 2024, and nearly 30,000 Florida households have installed solar this year.
In the last two years, 1.4 million American households have used federal incentives to install solar and lower their energy costs.
ICYMI
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