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Industry Updates

Here Comes the Sun

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A record 712 MW of new solar energy capacity was installed in the U.S. residential market in third-quarter 2019. Overall, the U.S. solar market added 2.6 gigawatts of solar photovoltaics during the quarter, according to a new report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA).

It was the best quarter ever for solar installations in 15 states, according to the U.S. Solar Market Insight report. “States with smaller solar markets such as Idaho, Wyoming, New Mexico and Iowa all saw record residential growth due to continued price declines and improvements to the economic competitiveness of solar across the country,” the report noted.

“This positive report makes clear that American families are demanding energy choice and solar, and that our industry is ready to deliver,” said Abigail Ross Hopper, president and CEO of SEIA. “This is the kind of growth and investment we could see going forward if we make smart policy moves.”

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