US Solar Installations Surge in Q1 and Projected to Triple by 2028.
TL;DR Summary
US solar energy installations surged by 47% in Q1 2021, with 6.1 GW of capacity installed, enough to power over 1 million homes. The sector accounted for 54% of new US electric generating capacity during the quarter, with Florida leading the way. Large projects for utilities and other big customers led installations with 3.8 GW, up 66% from a year earlier. The growth represents a substantial turnaround for the industry, which has been struggling with tight supplies of imported panels. The Biden administration's new Inflation Reduction Act is expected to drive strong growth for the industry over the next five years.
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