According to the Solar Market Insight Report by SEIA, the US solar market installed 9.4 GW (DC) of capacity in Q2 2024, setting a record despite a 21% drop from Q1. Year-over-year, installations rose by 29%. Solar accounted for 67% of new electricity-generating capacity in the first half of 2024. Texas led with 5.5 GW (DC) installed, followed by Florida with 2.9 GW (DC). US-based domestic module manufacturing grew by 10 GW to 31.3 GW. Residential installations declined to 1.1 GW (DC), driven by California’s net billing shift. Utility-scale solar surged 59% year-over-year with 7.6 GW (DC) installed. As per SEIA, anticipated tariffs on Southeast Asian imports are expected to have minimal impact due to alternative supply chains.
US solar capacity hits 9.4 GW (DC) in Q2 2024
The renewable electricity supplied by Sunsure will help Sandoz cut 26,000 tons of CO2 emissions annually. (Image Credit: Pexels)
The Ossila Slot-Die Coater provides precise thin-film deposition for renewable energy research, offering scalability for solar technologies. Learn more here.
Achieving TÜV SÜD CTF2 certification aligns DAS Solar with international PV standards for n-type photovoltaic modules. (Image Source: DAS Solar)
Power Roll and Amcor team up to create flexible solar films, offering a low-cost alternative to traditional silicon panels. (Image Source: PRNewswire)
New silver-lean technology from UNSW achieves 24% efficiency in TOPCon cells, with 25% less silver use. (Image Source: Wiley)