Though the U.S. solar market added 10.6 GW in 2017 – the second-highest year on record – that total fell well short of the 15.1 GW of solar added in 2016.
The new study by GTM Research and the Solar Energy Industries Association said the drop was due to a massive influx of utility-scale installations in 2016 hoping to take advantage of the federal Investment Tax Credit before its expected expiration. Additionally, uncertainty on tariffs caused many projects to be postponed or canceled.
Still, Abigail Ross Hopper, SEIA President and CEO, saw positive signs in last year’s solar development.
