U.S. Solar Sector Shows Record-Setting Growth

U.S. Solar Sector Shows Record-Setting Growth

Jun 6, 2024

A new report from two leading energy industry groups said a record 11 GW of new solar power module manufacturing capacity entered service during the first three months of this year, representing the largest quarter of solar manufacturing growth in U.S. history.

The Solar Energy Industries Association (SEIA) and Wood Mackenzie in their U.S. Solar Market Insight Q2 2024 report released June 6 said that total U.S. solar module manufacturing capacity is now more than 26 GW annually. The report said the U.S. now has about 200 GW of installed solar power generation capacity, including 11.8 GW of new capacity this year—second only to the fourth quarter of 2023—after adding more than 40 GW of new generation in 2023.

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