US installed ‘record-breaking’ 50 GW of new solar capacity in 2024
“President Trump’s flurry of executive orders brought uncertainty to the solar industry."
Solar and energy storage accounted for 84% of new energy generation capacity installed in the US last year – with a record-breaking 50 gigawatts (GW) of new solar capacity.
This is according to the Solar Energy Industries Association (SEIA) and Wood Mackenzie’s U.S. Solar Market Insight 2024 Year in Review report, published today, which adds that last year was the largest single year for new solar capacity addition in the US, up 21% from 2023.