U.S. Solar Boom Continues: 1MW Installed Every 32 Minutes

15 Dec 2016   Solar

Renewable energy policy faces a future of uncertainty with a new fossil fuel-friendly administration set to take office, but the U.S. solar industry just marked its best quarter to date. In the third quarter, the U.S. saw 4,143 megawatts of new solar PV installations, blowing past the previous record set in 2015, according to new data from GTM Research and the Solar Energy Industries Association. That breaks down to one megawatt installed on average every 32 minutes in the third quarter. “Coming off our largest quarter ever and with an extremely impressive pipeline ahead, it’s safe to say the state of the solar industry here in America is strong,” Tom Kimbis, SEIA’s interim president, said in a statement . “The solar market now enjoys an economically-winning hand that pays off both financially and environmentally, and American taxpayers have noticed. This year has been exceptionally strong because solar developers expected […]

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