Residential solar installation data from industry reports and the U.S. Energy Information Administration (EIA)

US Solar Installations Surge in Q1 2024, Making Up 75% of New Power Added

Jun 6, 2024, 04:00 AM

Solar power installations in the U.S. are reaching record highs, with solar energy projects making up 75% of new power added in the first quarter of 2024. This surge includes significant installations on old nuclear weapons sites, enough to power 400,000 homes. However, wind power is struggling, both on land and in the ocean. While solar and battery projects are growing in size and output, residential solar installations have fallen to their lowest level in two years due to high interest rates and policy changes in key states like Arizona. Despite these challenges, U.S. solar panel production is booming and could meet 70% of domestic demand. US solar installations hit a quarterly record in Q1 2024.