Solar Energy Market in North America
Description North America Solar Energy Market Size and Outlook Report by Installed Capacity, by Demand, by Project Capacity (2019-2029) Insight Solar
We expect U.S. utilities and independent power producers will add 26 gigawatts (GW) of solar capacity to the U.S. electric power sector in 2025 and 22 GW in 2026. Last year, the electric power sector added a record 37 GW of solar power capacity to the electric power sector, almost double 2023 solar capacity additions.
Solar accounted for 69% of all new electricity-generating capacity added to the US grid in Q1 2025. The US added 8.6 GW of solar module manufacturing capacity in Q1, bringing the total to 51 GW. However, growth in upstream manufacturing capacity remains slow or non-existent.
The US solar industry installed 10.8 gigawatts direct current (GWdc) of capacity in Q1 2025, a 7% decline from Q1 2024 and a 43% decrease compared with Q4 2024 but still the fourth largest quarter on record. Solar accounted for 69% of all new electricity-generating capacity added to the US grid in Q1 2025.
The future is bright for solar energy in North America. The adoption of utility-scale solar is rapidly increasing as technology improves and becomes cheaper. It is estimated that solar will account for 30% of electricity generation in the US by 2030.
Texas installed the most solar capacity in the first quarter of 2025 (2.7 GWdc), 92% more than the second-ranked state, Florida. Utility-scale projects dominated installations in both states. In Q1 2025, the residential segment installed 1,106 MWdc of solar capacity, declining 13% year-over-year and 4% quarter-over-quarter.
The Energy Information Administration (EIA) reported that, in 2024, the United States added a record 30 gigawatts (GW) of utility-scale solar to the grid, accounting for 61% of new capacity additions to the U.S. electric grid last year. EIA expected a similar amount of new utility-scale solar capacity to be added in 2025 and 2026.

Description North America Solar Energy Market Size and Outlook Report by Installed Capacity, by Demand, by Project Capacity (2019-2029) Insight Solar
Modern solar energy development in the United States dates back to 1954 when scientists at Bell Laboratories patented the first silicon solar cell.
Enel Green Power North America has started construction on five new renewable energy projects in the US, including three hybrid renewable +
To assess the state of the North American solar market and take stock of the movers and shakers in terms of solar asset ownership, Solarplaza
The US Energy Information Administration (EIA) says that utility-scale solar grew by 32%, while distributed solar increased by 15%, bringing
Despite being home to two of the world''s largest economies, North America is lagging significantly behind Europe in solar energy adoption.
In contrast to solar and wind, generating capacity for most other energy sources will remain mostly unchanged in 2025 and 2026. Natural gas-fired capacity growth slowed in
Top 50 Operating Solar Portfolios: North America 2025 The US solar industry experienced an extraordinary year in 2024, building on the previous year''s momentum. By Q3
U.S. utility solar power developers based on cumulative installed capacity 2023 Cumulative capacity of leading utility solar developers in the
Current status and future prospects of renewable and sustainable energy in North America: Progress and challenges
Globally, solar PV and wind capacity have experienced rapid growth in recent years: solar PV saw an increase of 162 GW in 2022 (50% higher than in 2019), whereas global wind
U.S. Solar Energy Progress: Record Installations, Price Drops, and EV Growth. Insights on challenges and future steps towards a cleaner America.
The Solar Energy Industries Association (SEIA) forecasts that the U.S. will install a total of 450 GW of new solar capacity by 2035, enough to
The Energy Information Administration (EIA) reported that, in 2024, the United States added a record 30 gigawatts (GW) of utility-scale
Total solar (on- and off-grid) electricity installed capacity, measured in gigawatts. This includes solar photovoltaic and concentrated solar power.
Solar power installation in North America is extensive, reflecting significant growth and investment in renewable energy. As of 2023,
SAN DIEGO (Jan. 31, 2023): EDF Renewables North America, one of the largest renewable energy developers in North America, placed 1,054.7 MWp of
Climate Central''s new report, A Decade of Growth in Solar and Wind Power, analyzed U.S. solar and wind energy data from 2014 to 2023 for
There are over 5 million solar installations in the United States, delivering clean, affordable, reliable energy to American communities.
The United States to Dominate the Market North America is one of the leading regions in installing concentrated solar power projects. The region
Renewable energy brings cleaner air and water and cuts global warming pollution. Wind and solar power reduce our dependence on polluting
We expect U.S. utilities and independent power producers will add 26 gigawatts (GW) of solar capacity to the U.S. electric power sector in 2025 and 22 GW in 2026. Last year,
Developers are on track to add 33 gigawatts of solar power in the U.S. this year, accounting for about half of the total new electricity generating
Solar Resource Maps and Data Find and download resource map images and data for North America, the contiguous United States, Canada, Mexico, and Central America.
Each quarter, the National Renewable Energy Laboratory conducts the Quarterly Solar Industry Update, a presentation of technical
Sources: BNEF, 4Q 2023/1Q 2024 Global PV Market Outlook; EIA, Annual Energy Outlook 2023, 3/23; Fitch Ratings (02/07/24); Goldman Sachs Equity Research, America''s Clean
After several record-breaking years, the U.S. clean energy sector faces a critical moment.Solar deployment and electric vehicle (EV) sales broke records in 2023 and 2024.
Solar power has created well-paying jobs for almost 250,000 people in the US alone and, according to the US Bureau of Labor Statistics, “solar photovoltaic installer” is one of the
The U.S. produced more solar power in 2023 than ever before – part of a decade-long growth trend for renewable energy.
The Solar Energy Industries Association (SEIA) is leading the transformation to a clean energy economy. Learn more at seia
This represents nearly tripling the total cumulative solar capacity installed in the United States through the end of 2024, which the Solar Energy
icators of renewable resource potential Solar PV: Solar resource potential has been divided into seven classes, each representing a range of annual PV o. tput per unit of capacity
NEW ORLEANS, LA / ACCESSWIRE / J/ Solar Power World''s annual Top Solar Contractors List ranked SolarAmerica number 1 in the Sales Partner
Solar Energy Market in North America is mainly dominated by the US. Canada, Mexico and the US have set various regulatory frameworks and policies to
ENGIE announces it has reached more than 1.8 GW of Battery Energy Storage System (BESS) capacity in operation across the United
Find up-to-date statistics and facts on solar energy in Latin America
93% of new energy capacity that came online last year was solar, wind, and storage • 49 GW of clean energy installed in 2024 • Clean energy in
Solar America, the leading solar sales and renewable energy company in North America, has received the Number 1 sales partner ranking of the 2023 Top Solar Contractors
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