US Solar Installations Hit Record High in Q1 2024
In Q1 2024, the US installed a record 11.8 GW of new solar panel manufacturing capacity, surpassing the total solar installations of 2018 and bringing the total installed capacity to 200 GW. This growth, driven by federal investments, saw significant contributions from states like Florida and Texas. Despite challenges in labor and equipment, the US solar industry is projected to continue its rapid expansion, potentially doubling its capacity by 2029.