Sunday, July 7, 2024

Trina Solar addresses solar industry shifts with 2024 report 

Trina Solar, a PV module and tracker manufacturer, outlines the key trends in the US commercial solar sector, citing the Solar Energy Industries Association’s projection of an 8% average growth over the next five years. Despite saturation in some states, emerging markets are expected to thrive, with the national capacity set to increase from 1,700 MW to 2,442 MW by 2028, driven by IRA incentives and higher electricity rates. Community solar installations are expected to reach 1.1 GW by the end of 2023, with a projected 8% annual growth through 2028. The article underscores the importance of brownfields and multipurpose land use, identifying over 450,000 sites for C&I solar and community solar projects in 2024. 

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