The United States added 10.6 gigawatts of new solar photovoltaic capacity in 2018, down slightly on that installed in 2017 but with an expectation that the market will rebound in the years ahead. These are the high-level findings from the US Solar Market Insight 2018 Year-in-Review Report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA) published Wednesday, which also show that the country’s utility-scale solar photovoltaic (PV) sector will grow at levels exceeding those originally forecast before the Trump administration imposed a 30% tariff on imported solar cells and modules. “The solar industry experienced growing pains in 2018, in large part due to the unnecessary tariffs that were imposed on solar cells and modules, but this report still finds significant reason for optimism,” said SEIA’s president and CEO, Abigail Ross Hopper . “The total amount of solar installed in America is on track to more than double in the next five years, proving solar’s resiliency and its economic strength. It’s clear, this next decade is going to be one of significant growth.” The US residential sector rebounded after a year in which the sector contracted by 15%, growing by 7% in 2018. The US […]

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