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U.S. surpasses 2 million solar installations as industry looks to ‘dominate’ the 2020s

Posted by   /  May 9, 2019  /  No Comments

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The market’s rapid growth has “reshaped the energy conversation in this country,” says Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association./Shuttercock

By Emma Foehringer | 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 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.”

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