The U.S. added a record-breaking 9.3 GW of new solar module manufacturing capacity in the third quarter, including five new or expanded factories in Alabama, Florida, Ohio and Texas.
Total U.S. solar module manufacturing capacity is now nearly 40 GW.
The latest U.S. Solar Market Insight Q4 2024 report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie shows that at full capacity, U.S. solar module factories can produce enough equipment to meet nearly all demand for solar in the United States.
Notably, solar cell manufacturing resumed in the third quarter as silicon cells were manufactured in the U.S. for the first time since 2019.
The U.S. solar industry installed 8.6 GW of new electricity generation capacity in Q3, representing a 21% year-over-year increase and the largest third quarter ever for the industry.
The utility-scale segment led the industry, with 6.6 GW of new projects coming online. Utilities and businesses are driving this growth as they procure significant levels of solar to meet rising demand for electricity. The commercial and community solar markets also experienced strong gains in the third quarter, growing by 44% and 12% year-over-year, respectively.
Texas continues to lead the nation in solar deployment, adding 2.4 GW of capacity in Q3. The Lone Star State accounts for 26% of all new capacity to come online so far in 2024. Florida has installed the second-most solar capacity in 2024, and nearly 30,000 Florida households have installed solar this year.
In the last two years, 1.4 million American households have used federal incentives to install solar and lower their energy costs.
“Our current outlook for the next five years has the U.S. solar industry growing 2 percent per year on average, reaching a cumulative total of nearly 450 GW by the end of 2029,” says Michelle Davis, head of solar research at Wood Mackenzie and lead author of the report.
“Demand for solar remains robust, and annual installation forecasts would be higher if not for limitations the industry faces, including those related to interconnection, labor availability, supply constraints, and policy.”
Total solar deployment in 2024 is again expected to exceed 40 GW, followed by annual installation volumes of at least 43 GW for the remainder of the decade.
By 2029, total U.S. solar will be enough to power over 71 million homes.
The post U.S. Solar Manufacturing Surges appeared first on Solar Industry.
There really are threats to human civilization that seem to be mounting in intensity:
• World fascism. (If it can happen in the U.S., it could conceivably happen anywhere.)
• Environmental collapse.
• Malicious use of AI.
• Pandemics, as misinformation on vaccinations spread and the frozen tundra melts, releasing pathogens never seen by humans.
• Nuclear war.
Addressing the point made at left, is there any scenario in which world governments agree to cooperate so as to stave off the end of an organized society here on Earth? One supposes so, though it sounds far-fetched in today’s world in which the leaders of most of the 200+ sovereign nations are trying so desperately to cling to power.
Obviously, James Carville has been wrong before, but it appears that he’s onto something here.
An ever-increasing number of Americans are realizing that Trump is criminally insane, and is leading this nation to destruction.
It’s a pleasure to see that Dr. Brian Cox has people so popular, having joined the ranks for Neil DeGrasse Tyson, Bill Nye, and a few others. This phenomenon of celebrity physicists if one of very few bright spots in our modern world.
I would qualify what he says at left as follows: the only people who hate the economics here are those invested in fossil fuels. Clean energy and transportation are already huge industries, and they’re growing at an amazing pace–even in the face of heavy suppression by Big Oil and Donald Trump.
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