{"id":104553,"date":"2023-12-07T00:01:26","date_gmt":"2023-12-07T05:01:26","guid":{"rendered":"https:\/\/\/?p=104553"},"modified":"2023-12-07T08:11:44","modified_gmt":"2023-12-07T13:11:44","slug":"us-on-track-to-add-record-breaking-solar-in-2023","status":"publish","type":"post","link":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/","title":{"rendered":"US on track to add record-breaking 33 GW of solar in 2023
6.5 GW installed last quarter alone<\/span>"},"content":{"rendered":"

The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin to take effect.<\/p>\n

As a result of this growth, the United States is expected add a record 33 GW of solar capacity in 2023, according to the “U.S. Solar Market Insight Q4 2023<\/a>” report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. While economic challenges are beginning to affect the solar and storage industry, by 2050, solar is expected to be the largest source of generating capacity on the U.S. grid.<\/p>\n

\"\"<\/a>

The first day of panel installation at the Double Black Diamond solar project in southeast Sangamon County, Illinois. Credit: Rich Saal\/Swift Current Energy<\/p><\/div>\n

\u201cSolar remains the fastest-growing energy source in the United States, and despite a difficult economic environment, this growth is expected to continue for years to come,\u201d said Abigail Ross Hopper, SEIA president and CEO. \u201cTo maintain this forecasted growth, we must modernize regulations and reduce bureaucratic roadblocks to make it easier for clean energy companies to invest capital and create jobs.\u201d<\/p>\n

The residential solar segment installed a record 210,000 systems in Q3. However, changes to net energy metering policy in California and elevated interest rates across the U.S. are expected to lead to a brief decline in residential installs next year before growth resumes in 2025.<\/p>\n

Elevated financing costs, transformer shortages and interconnection bottlenecks are also impacting the utility-scale segment, which saw its lowest level of new contracts signed in a quarter since 2018. However, improvements in the module supply chain have led to a record 12 GW of utility-scale deployment in the first nine months of 2023.<\/p>\n

Solar accounts for 48% of all new electric generating capacity additions in the first three quarters of 2023, bringing total installed solar capacity in the United States to 161 GW across 4.7 million installations. By 2028, solar capacity in the United States is expected to reach 377 GW, enough to power more than 65 million homes.<\/p>\n

\u201cThe U.S. solar industry is on a strong growth trajectory, with expectations of 55% growth this year and 10% growth in 2024,\u201d said Michelle Davis, head of solar research at Wood Mackenzie and lead author of the report. \u201cGrowth is expected to be slower starting in 2026 as various challenges like interconnection constraints become more acute. It\u2019s critical that the industry continue to innovate to maximize the value that solar brings to an increasingly complex grid. Interconnection reform, regulatory modernization, and increasing storage attachment rates will be key tools.\u201d<\/p>\n

California and Texas led the nation for new solar installations in Q3, but Indiana ranked third with 663 MW of new capacity as several large utility-scale projects came online. Fourteen states and Puerto Rico installed more than 100 MW of new solar capacity in Q3.<\/p>\n

News item from SEIA<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin to take effect. As a result of this growth, the United States is expected add a record 33 GW of solar capacity in 2023, according to the “U.S. Solar Market…<\/p>\n","protected":false},"author":19854,"featured_media":101832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[5119,5117,16,5118,5120],"tags":[],"class_list":{"2":"type-post","12":"entry","13":"has-post-thumbnail"},"acf":[],"yoast_head":"\nUS on track to add record-breaking 33 GW of solar in 2023<\/title>\n<meta name=\"description\" content=\"The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US on track to add record-breaking 33 GW of solar in 2023\" \/>\n<meta property=\"og:description\" content=\"The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin\" \/>\n<meta property=\"og:url\" content=\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Solar Power World\" \/>\n<meta property=\"article:author\" content=\"facebook.com\/solarpowerworld\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-07T05:01:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-07T13:11:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/\/wp-content\/uploads\/2023\/03\/swift-current-installer-stock4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Billy Ludt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solarbillyl\" \/>\n<meta name=\"twitter:site\" content=\"@SolarPowerWorld\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Billy Ludt\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/\",\"url\":\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/\",\"name\":\"US on track to add record-breaking 33 GW of solar in 2023\",\"isPartOf\":{\"@id\":\"https:\/\/\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/\/wp-content\/uploads\/2023\/03\/swift-current-installer-stock4.jpg\",\"datePublished\":\"2023-12-07T05:01:26+00:00\",\"dateModified\":\"2023-12-07T13:11:44+00:00\",\"author\":{\"@id\":\"https:\/\/\/#\/schema\/person\/3f87570bf035fc7234e9f659418d53d0\"},\"description\":\"The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin\",\"breadcrumb\":{\"@id\":\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#primaryimage\",\"url\":\"https:\/\/\/wp-content\/uploads\/2023\/03\/swift-current-installer-stock4.jpg\",\"contentUrl\":\"https:\/\/\/wp-content\/uploads\/2023\/03\/swift-current-installer-stock4.jpg\",\"width\":770,\"height\":500,\"caption\":\"Swift Current Double Black Diamond solar project in southeast Sangamon County, first day of panel installation Monday, March 20, 2023 near Virden, Illinois. Rich Saal\/Swift Current Energy\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US on track to add record-breaking 33 GW of solar in 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/\/#website\",\"url\":\"https:\/\/\/\",\"name\":\"Solar Power World\",\"description\":\"Covering the world of solar power technology, development and installation.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/\/#\/schema\/person\/3f87570bf035fc7234e9f659418d53d0\",\"name\":\"Billy Ludt\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4f524c746ec75d233119a709912bb122?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4f524c746ec75d233119a709912bb122?s=96&d=mm&r=g\",\"caption\":\"Billy Ludt\"},\"description\":\"Billy Ludt is senior editor of Solar Power World and currently covers topics on mounting, installation and business issues.\",\"sameAs\":[\"http:\/\/\",\"facebook.com\/solarpowerworld\",\"https:\/\/www.instagram.com\/solarpowerworld\/\",\"https:\/\/x.com\/solarbillyl\"],\"url\":\"https:\/\/\/author\/bludt\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"US on track to add record-breaking 33 GW of solar in 2023","description":"The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/","og_locale":"en_US","og_type":"article","og_title":"US on track to add record-breaking 33 GW of solar in 2023","og_description":"The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin","og_url":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/","og_site_name":"Solar Power World","article_author":"facebook.com\/solarpowerworld","article_published_time":"2023-12-07T05:01:26+00:00","article_modified_time":"2023-12-07T13:11:44+00:00","og_image":[{"width":770,"height":500,"url":"https:\/\/\/wp-content\/uploads\/2023\/03\/swift-current-installer-stock4.jpg","type":"image\/jpeg"}],"author":"Billy Ludt","twitter_card":"summary_large_image","twitter_creator":"@solarbillyl","twitter_site":"@SolarPowerWorld","twitter_misc":{"Written by":"Billy Ludt","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/","url":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/","name":"US on track to add record-breaking 33 GW of solar in 2023","isPartOf":{"@id":"https:\/\/\/#website"},"primaryImageOfPage":{"@id":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#primaryimage"},"image":{"@id":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/\/wp-content\/uploads\/2023\/03\/swift-current-installer-stock4.jpg","datePublished":"2023-12-07T05:01:26+00:00","dateModified":"2023-12-07T13:11:44+00:00","author":{"@id":"https:\/\/\/#\/schema\/person\/3f87570bf035fc7234e9f659418d53d0"},"description":"The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin","breadcrumb":{"@id":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#primaryimage","url":"https:\/\/\/wp-content\/uploads\/2023\/03\/swift-current-installer-stock4.jpg","contentUrl":"https:\/\/\/wp-content\/uploads\/2023\/03\/swift-current-installer-stock4.jpg","width":770,"height":500,"caption":"Swift Current Double Black Diamond solar project in southeast Sangamon County, first day of panel installation Monday, March 20, 2023 near Virden, Illinois. Rich Saal\/Swift Current Energy"},{"@type":"BreadcrumbList","@id":"https:\/\/\/2023\/12\/us-on-track-to-add-record-breaking-solar-in-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/\/"},{"@type":"ListItem","position":2,"name":"US on track to add record-breaking 33 GW of solar in 2023"}]},{"@type":"WebSite","@id":"https:\/\/\/#website","url":"https:\/\/\/","name":"Solar Power World","description":"Covering the world of solar power technology, development and installation.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/\/#\/schema\/person\/3f87570bf035fc7234e9f659418d53d0","name":"Billy Ludt","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4f524c746ec75d233119a709912bb122?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4f524c746ec75d233119a709912bb122?s=96&d=mm&r=g","caption":"Billy Ludt"},"description":"Billy Ludt is senior editor of Solar Power World and currently covers topics on mounting, installation and business issues.","sameAs":["http:\/\/","facebook.com\/solarpowerworld","https:\/\/www.instagram.com\/solarpowerworld\/","https:\/\/x.com\/solarbillyl"],"url":"https:\/\/\/author\/bludt\/"}]}},"_links":{"self":[{"href":"https:\/\/\/wp-json\/wp\/v2\/posts\/104553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/users\/19854"}],"replies":[{"embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/comments?post=104553"}],"version-history":[{"count":0,"href":"https:\/\/\/wp-json\/wp\/v2\/posts\/104553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/media\/101832"}],"wp:attachment":[{"href":"https:\/\/\/wp-json\/wp\/v2\/media?parent=104553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/categories?post=104553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/tags?post=104553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}