(Christian Roselund – PV Magazine)
Last year was a rough one for the U.S. solar industry. The Trump Administration’s Section 201 tariffs wreaked havoc on utility-scale solar project development, including during the period of uncertainty before tariff levels were set, leading to a mid-year slump.
But solar is roaring back, as revealed in the figures in the latest U.S. Solar Market Insight report, a joint publication by analyst Wood Mackenzie Power & Renewables and industry body the Solar Energy Industries Association (SEIA). The report shows 4.2 GWdc of solar was installed in the final three months of last year, and 10.6 GWdc over the full year – only a 2% drop on 2017 levels.
And the best is yet to come. The United States finished the year with nearly 24 GWdc of utility-scale projects under power contracts, a volume only ever exceeded three months ago. Furthermore, 2.6 GWdc of those contracted projects are already under construction. Click here to read more.
- U.S. Solar Market Insight 2018 Year-in-Review Report
- How Trump’s Tariffs Hit US Solar, One Year On (Green Tech Media)
- Solar Panel Installations Dip in 2018: Report (The Hill)
- U.S. Solar Installations to Rebound in 2019 as Prices Plummet: Woodmac (Reuters)
- The U.S. Solar Industry Survived the Trump Tariffs; Here Are Five Stats to Prove It (Solar Builder)