U.S. targets 50 gigawatts of solar in 2024

John Fitzgerald Weaver | Source: PV Magazine | Posted 12/06/2024

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With projections of greater than 8 GW of distributed solar being installed, and more than 40 GW of utility scale solar, the country is projected to grow its solar fleet greater than 25% from its 2023 deployments.

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Solar power deployments in the U.S. are on the rise, with projections indicating nearly 50 GW of solar modules to be deployed by the end of 2024. The utility-scale sector alone is projected to deploy approximately 32 GW of solar interconnection capacity, which translates to around 40-41.6 GW of solar panels when converted. Combined with distributed generation, the total deployment is expected to reach 48.1-49.7 GW, approaching the significant milestone of 50 GW.

Various factors play a role in determining the final capacity values, such as the method of calculating deployed capacity and the classification of projects as "utility scale." Additionally, a surge in developers rushing to deploy capacity before potential retroactive tariffs could push the U.S. solar deployment beyond the 50 GW mark. Despite some uncertainties, experts believe that surpassing 50 GW in new solar build capacity is entirely feasible for the U.S. as solar energy continues to gain traction globally.

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Source Link: https://pv-magazine-usa.com/2024/12/05/u-s-targets-50-gigawatts-of-solar-in-2024/

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U.S. targets 50 gigawatts of solar in 2024

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