U.S. solar installations top 2 million mark, capacity hits 70GW

first_img FacebookTwitterLinkedInEmailPrint分享Greentech Media:The number of solar installations in the United States has officially surpassed 2 million, according to the latest data from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The milestone comes just three years after the industry completed its 1 millionth installation, a feat that took 40 years to achieve.Wood Mackenzie analysts expect the U.S. to crack the 3 million mark in 2021 and 4 million in 2023.“The rapid growth in the solar industry has completely reshaped the energy conversation in this country,” said Abigail Ross-Hopper, president and CEO of trade group SEIA. “This $17 billion industry is on track to double again in five years, and we believe that the 2020s will be the decade that solar becomes the dominant new form of energy generation.”California was central to the market’s early years and remains a critical leg today, but its importance is diminishing as other state markets grow up. California accounted for 51 percent of the first million installations but 43 percent of the second million.Success in acquiring more customers, and at lower costs, will determine how quickly the industry installs its next million systems — and at what price. Largely due to the challenges of customer acquisition cost, Wood Mackenzie forecasts residential growth at just 3.3 percent in 2019.The 2 million solar systems currently installed, which represent more than 70 gigawatts of capacity, provide enough electricity for around 12 million homes. But that’s just a fraction of U.S. buildings. According to the Census Bureau, in July 2017 the U.S. had 137.4 million “housing units,” a figure that includes apartments as well as single-family homes, but doesn’t count businesses, manufacturing and other commercial buildings.More: U.S. surpasses 2 million solar installations as industry looks to ‘dominate’ the 2020s U.S. solar installations top 2 million mark, capacity hits 70GWlast_img

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