A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of new generation capacity in 2023, a 55% increase from 2022.
The groups said that even with growth expected to slow over the next year due to economic and interconnection challenges, solar energy is expected to be the largest source of generating capacity on the U.S. power grid by 2050. The report released Dec. 7 said that government policies supporting solar power are among the reasons for the industry’s rise.
