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Advancing Utah's Energy Future

U.S. Solar Market Sets New Record, Installing 7.3 GW of Solar PV in 2015

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In yet another record-breaking year, the solar industry in the United States installed 7,286 MW of solar PV in 2015. GTM Research and the Solar Energy Industries Association announced the historic figures today ahead of the March 9 release of the U.S. Solar Market Insight report.

For the first time ever, solar beat out natural gas capacity additions, with solar supplying 29.5 percent of all new electric generating capacity in the U.S. in 2015.

Led by California, North Carolina, Nevada, Massachusetts and New York, the U.S. solar market experienced a year-over-year growth rate of 17 percent. Geographically, the market continues to diversify with13 states installing more than 100 MW each in 2015. States that made major solar strides include Utah, which jumped in ranking from 23rd to 7th place, and Georgia which moved from 16th to 8th in the nation.

For more, visit Transmission & Distribution World.