USA solar panel manufacturing capacity soared 71% in Q1 2024

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A record-setting 11GW of new solar module manufacturing capacity came online in the USduring Q1 2024, the largest quarter of solar manufacturing growth in American history.

A record-setting 11 gigawatts (GW) of new solar module manufacturing capacity came online in the United States during Q1 2024, the largest quarter of solar manufacturing growth in American history.

According to the U.S. Solar Market Insight Q2 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, total U.S. solar module manufacturing capacity now exceeds 26 GW annually.

In addition, the industry also installed an impressive 11.8 GW of new solar capacity, bringing total capacity to 200 GW in the United States. The report also contains new data from 2023, showing that the United States added over 40 GW of new solar capacity last year. Wood Mackenzie now projects that the U.S. solar industry will install another 40 GW in 2024.

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Source: Clean Technica

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