USA: Solar Power - 2015 in review

Last Modified: Mon Mar 07 2016 06:01:04 GMT+0530 (India Standard Time)
  • 7.28 GW
    installed capacity of solar PV across the US in 2015, making it a record-breaking year. OVerall 17% year-on-year growth recorded . GTM Research and the Solar Energy Industries Association announced the historic figures on 22-Feb.
  • 29.5 %
    of all new electric generating capacity in the U.S. in 2015 is solar. For the first time ever, solar beat out natural-gas capacity additions.
  • 66%
    year-on-year growth in the residential solar market. For the first time in history, eclipsed the 2-gigawatt mark. The residential solar segment now represents 29 percent of the entire U.S. solar market, its largest share since 2009.
  • 4th
    year in a row, that the non-residential market broke the 1-gigawatt mark, but remained roughly flat year-over-year.
  • 6%
    year-on-year growth in the utility-scale sector and represented more than half of all solar PV installed in 2015. Over 4 gigawatts installed in 2015.
  • 25 GW
    cumulative U.S. solar PV installations as of 2015.