US solar sector tops 31 GW of module manufacturing in Q2

The US now has more than 31 GW of solar module manufacturing capacity, almost four times more than before the IRA was passed in 2022.

The US now has more than 31 GW of solar module manufacturing capacity, almost four times more than before the Inflation Reduction Act (IRA) was passed in 2022, according to a report today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

In the second quarter of 2024, the US solar sector installed 9.4 GW DC of power generation capacity, more than in any second quarter so far, the US Solar Market Insight Q3 2024 report showed. A total of 75 GW of solar was added since the IRA was signed into law.

However, the solar industry currently presents many challenges to navigate, said Michelle Davis, head of global solar at Wood Mackenzie and lead author of the report.

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Source: Renewables Now

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