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Source: Pixabay

U.S. Solar Capacity Increases Despite Forecasts Showing Installation Decline

By Brian Spaen

For well over a year, the United States’ solar industry continues to grow at a consistent and rapid pace. A US Solar Market Insight Report reveals that the country has added over two gigawatts of capacity in the first three months of 2017. That’s the sixth consecutive quarter that we’ve seen growth by that margin, and that’s despite the expected downturn of installations throughout this year..

Solar energy was the second-most installed renewable source through the first quarter of this year, checking in at a 30 percent rate. It’s second only to natural gas (41 percent) in that time frame. Minnesota, Idaho, and Indiana were states that saw a big jump in solar panel installations while other states like Texas and Utah continued to stay on pace.

Abigail Ross Hopper, President of Solar Energy Industries Association, gave high praise to the growing resource: “Solar is delivering more clean energy, adding jobs 17 times faster than the U.S. economy and creating tens of billions of dollars in investment. With its cost-competitiveness, we know solar will continue to play a growing role in America’s energy portfolio.”