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After a Tough 2018, U.S. Solar is Getting Ready for a Major Boom

(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.