The U.S. [\#solar](https://www.linkedin.com/feed/hashtag/?keywords=solar&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7171136186437079040) industry added a record-shattering 32.4 GW of new capacity in 2023 — a 51% increase from 2022.  

Solar is skyrocketing in the first full year of the Inflation Reduction Act. Here is a look back at 2023 in the solar industry: 

📈 For the first time in history, solar accounts for over 50% of new electricity capacity added to the grid  
📈 Solar module manufacturing capacity nearly doubles to 16.1 GW  
📈 The solar industry generates $51 billion of new private investment   
📈 A record 800,000 Americans add solar to their homes 

[Solar Market Insight Report 2023 Year in Review | SEIA](https://www.seia.org/research-resources/solar-market-insight-report-2023-year-review)

Source: SunBaca

1 Comment

  1. Excellent news!

    We need to triple that output in 2 years and then double that the very next year by ramping up production and installs starting today!

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