U.S Solar Installations Dip Amid Uncertainty
Burdened by a trade case, unpredictable policy-making, interconnection delays, and other market factors, the U.S. installed 30% less solar photovoltaic (PV) capacity in 2017 compared to a record-breaking 2016.
However, the 10.6 GW of new PV capacity added last year represents 30% of all new generating capacity added to the U.S. grid, more than any other power source but natural gas, and according to the Solar Energy Industries Association (SEIA), it is characteristic of solar PV’s booming growth. Last year’s capacity addition still represents 40% growth over 2015’s installation total, the trade group noted as it released its U.S. Solar Market Insight Report 2017 Year-in-Review, which it prepared with GTM Research, on March 15.
“The solar industry delivered impressively last year despite a trade case and market adjustments,” said SEIA President and CEO Abigail Ross Hopper. “Especially encouraging is the increasing geographic diversity in states deploying solar, from the Southeast to the Midwest, that led to a double-digit increase in total capacity.”…