Solar Panel Manufacturing Growth in the US Amidst Installation Challenges
Solar Manufacturing Capacity Boosts Climate Goals
The US has quadrupled its capacity for manufacturing solar panels in just a couple of years since passing the biggest federal spending package on climate and clean energy.
Manufacturing Statistics and Outlook
Domestic solar module manufacturing capacity grew to 31.3 gigawatts in the second quarter of 2024, according to a report published by Wood Mackenzie and the Solar Energy Industries Association. That’s a significant jump, comparable to around 80 percent of the roughly 40GW of solar the US installed last year.
Climate Initiatives and Federal Support
- Domestic manufacturing has become a priority as the country aims to meet its Paris Agreement goals.
- Successful solar manufacturing is crucial to reduce climate disasters like wildfires and flooding.
- Though manufacturing grows, installations are falling due to various challenges.
The Biden administration’s focus on clean energy demonstrates a commitment to enhance domestic manufacturing capabilities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.