The good news is 2019 was a remarkable year for solar in the U.S.
The bad news is, well, you know what the bad news is.
Analyst Wood Mackenzie and industry body the Solar Energy Industries Association (SEIA) have published their 2019 U.S. Solar Market Insight report. However, the publication does not take into account the impact of the COVID-19 outbreak on the U.S. solar industry supply chains, component costs and project timelines.
Here are five takeaways from the pre-COVID-19 U.S. solar industry.
Some 13.3 GW of solar generation capacity was installed last year, 23% more than in 2018.
That figure included more than 2.8 GW of residential solar.
Cumulative operating PV capacity in the U.S. now exceeds 76 GW, up from 1 GW at the end of 2009.
Solar accounted for almost 40% of all new electricity generation capacity added in the U.S. in 2019.
The contracted utility PV pipeline is at a record high of 48.1 GW.