New solar capacity installations in the US are expected to rise 43% this year as the industry recovers from the worst impacts of the COVID-19 pandemic, according to a new study by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.
That increase would see a record 19GW of new solar installed in 2020, as confidence in the utility PV segment has “surged back” following months of market uncertainty, the US Solar Market Insight Q4 2020 report said.
The utility-scale market was the primary driver of Q3 installations with 2.7GW of new capacity, representing 70% of the total 3.8GW of solar installed during the quarter.
