Tag Archive for: PV solar

Massive growth in solar powers renewables market in 2023

In 2023, the U.S. solar market installed 32.4 GWdc (gigawatts direct current) of capacity, a remarkable 51% increase from 2022. This was the industry’s biggest year by far, exceeding 30 GWdc of capacity for the first time. Solar accounted for 53% of all new electricity-generating capacity added to the U.S. grid in 2023, slightly ahead of the forecasted 52% of added capacity for 2023. Read more