The U.S. solar market is poised to have its best year in history, according to new statistics released Wednesday by GTM Research and the Solar Energy Industries Association (SEIA).
The record-breaking numbers show that 30 percent of all new electric generating capacity “brought on-line” in the first three quarters of the year was from solar energy, and more than half of U.S. states have installed more than 50 megawatts (MW) of solar photovoltaic (PV) cells.
With that in mind, the upcoming fourth quarter is likely to hit the ground running, with the U.S. expected to install more than three gigawatts (GW) of solar energy.
“This past quarter marked the calm before the storm,” said GTM Research senior solar analyst Cory Honeyman.
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“Year after year, we’re seeing the demand for solar energy in America skyrocket, and the benefits that brings to both our nation’s economy and environment are staggering,” said SEIA president Rhone Resch on Wednesday.
The statistics come just as a coalition of international renewable energy organizations gathered at the United Nations climate summit this week to demonstrate that the solar revolution is already possible.
The International Renewable Energy (REN) Alliance gathered at COP21 on Wednesday to highlight case studies of communities throughout the world that have put “high-penetration combinations of renewable energy technologies” in place.
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