Solar Installations Surge 95% In 2016

16 Feb 2017   Solar

The solar industry posted its best year on record in 2016, obliterating previous records by installing a smashing 14.6 gigawatts of new solar in the U.S. That is a 95 percent increase from the 7.4 GW installed in 2015, which happened to be the previous record. It was the best year in the history of the U.S. solar business, according to new data from GTM Research and the Solar Energy Industries Association (SEIA). Even more impressive is the fact that with a cumulative installed capacity at just over 40 GW, roughly one third of all solar capacity ever installed was installed in 2016. Of course, solar has been growing from a small base, and it still represents around 1 percent of total electricity generation. But what matters going forward is growth, and the 2016 figures point to a solid trend that suggests solar will dominate the future. In 2016, […]

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