US solar industry predicts installations will quadruple by 2030

US solar industry predicts installations will quadruple by 2030

The Straits Times - World·2021-03-16 15:01

WASHINGTON (REUTERS) - Solar installations in the United States are expected to quadruple by 2030 thanks to the extension of a key industry subsidy late last year and booming demand for carbon-free power, an industry body said on Tuesday (March 16).

The sector will install 324 gigawatt (GW) of capacity over the next decade, more than three times the nearly 100GW installed by 2020, the US Solar Energy Industries Association (SEIA) said, citing a report issued jointly with Wood Mackenzie.

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