After the successful extension of the US Investment Tax Credit, the US solar industry is expected to increase 60% in 2016.
Analytics firm IHS has released new figures which predict US solar PV installations to grow 60% year-over-year, with an expected 15 GW installed in 2016. A strong demand for utility-scale solar PV will drive growth in 2016, and will be boosted by the multi-year extension to the much sought-after Investment Tax Credit (ITC), which was announced in the middle of December.
