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It is estimated that the installed solar capacity of the United States will reach 324 gigawatts in 2023 From SEIA

The following is the It is estimated that the installed solar capacity of the United States will reach 324 gigawatts in 2023 From SEIA recommended by And this article belongs to the classification: New material industry, New energy vehicle industry.

According to a report jointly released by SEIA and wood Mackenzie, the installed capacity of the US solar industry will reach 324 gigawatts in 2023, more than three times that of nearly 100 gigawatts in 2020. 324 gigawatts of solar power is enough to meet the electricity demand of 60 million households, equivalent to 40% of the current household electricity in the United States.

This prospect not only reflects the strong demand of public utilities and enterprises seeking to achieve greenhouse gas emission reduction targets, but also reflects the decline of technology costs supporting the home solar installation market.

Only 3% of the electricity in the United States comes from the sun, but SEIA hopes that proportion will rise to 20% in the next decade.

Installed capacity in the US rose 43% last year to 19.2 gigawatts, the industry’s annual record. Due to the epidemic related blockade, most of the public utility scale projects in the market have experienced only slight interruption. In addition, residential capacity, which took a big hit in the second quarter, grew 11% to a record 3.1 GW at the end of the year.

At the end of last year, Congress extended a 26% tax credit to help reduce the cost of solar energy facilities as part of a package of aid and funding for the U.S. government.

But SEIA said further tax incentives, the elimination of tariffs on battery panels manufactured overseas, and labor training were necessary for the United States to reduce enough greenhouse gas emissions to prevent the worst effects of climate change.

“We need to develop policies in these areas so that we can not only grow on our current path, but also accelerate growth,” SEIA chairman Abigail Ross hopper said in an interview

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