The US solar market had its biggest year ever in 2016, nearly doubling its previous record, installing more than 14GW of solar PV. This momentum is set to continue, according to GTM Research and the Solar Energy Industries Association’s (SEIA) latest report that details how the cumulative solar market is expected to nearly triple in size.
In 2016, the US solar market nearly doubled its annual record, installing 14,626MW of solar PV. This represents a whopping 95% growth increase over 2015’s cumulative 7,493MW, according to latest figures from GTM Research and the Solar Energy Industries Association (SEIA).
As Donald Trump officially becomes the 45th president of the United States today, the solar industry remains quietly confident that any momentum gained so far will continue, even under the fossil-fuel promoting, climate change-denying Republican.
Newly-appointed CEO and president of the Solar Energy Industries Association (SEIA) Abigail “Abby” Ross Hopper will helm the US’ main solar political lobbying group as it prepares for an unprecedented time of attack under the Trump administration. She caught up with reporters last week, to discuss what her top priorities for the association were.
New analysis from Deutsche Bank reveals that even if President-elect Trump follows through with all his anti-clean energy promises surrounding the Clean Power Plan, the Paris Agreement and the ITC, all is not lost for the US clean energy industry.
When renewables-novice and coal champion Donald Trump won the US presidential election yesterday, the global energy industry gawked in horror. Initial review of the Republican billionaire’s energy plans might leave the impression that the progress clean energy sources have achieved so far will be undone. A deeper look into Trump’s energy policy under adviser Kevin Cramer reveals a siege on existing regulation and a roll-back on spending.
The US solar market finds itself with the bizarre, but welcome, problem of having to “manage” a boom. Danielle Ola examines the impact of the ITC extension, alternative drivers of US solar and debunks the supply crunch myth.
Growing 43% year over year in 2016, the US solar industry is taking off at a pace no one could have foreseen. Naysayers may cite the industry’s slow start, hampered by high upfront costs and initial niche appeal as reasons why solar still will not experience a consumer boom. But panellists at the opening session of the 13th annual Solar Power International convention made it clear just how solar energy could exceed expectations and is poised for not only growth, but mainstream acceptance.
The most important part of the passing of the colossal US$1.1 trillion spending bill in December for solar was the five-year extension of the investment tax credit (ITC) scheme. Amit Ronen discusses with PV Tech the legislative repercussions of a situation where the ITC extension is repealed.