The U.S. photo voltaic trade posted report development in 2020 regardless of Covid-19, new report finds
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U.S. photo voltaic installations reached a report excessive throughout 2020 as favorable economics, supportive insurance policies and robust demand within the second half of the yr offset the impacts from the coronavirus pandemic.
Installations grew 43% yr over yr throughout 2020, reaching a report 19.2 gigawatts of latest capability, in response to a report launched Tuesday from the Photo voltaic Vitality Industries Affiliation and Wooden Mackenize.
Throughout the fourth quarter alone, the U.S. added barely greater than eight gigawatts of capability — a brand new quarterly report. To place the quantity in context, throughout all of 2015, 7.5 gigawatts had been added. One gigawatt is sufficient to energy roughly 190,000 properties. The U.S. at present has 97.2 GW of complete photo voltaic capability put in, sufficient to energy roughly 17.7 million properties.
California, Texas and Florida had been the highest three states for annual photo voltaic additions for the second yr working. Virginia and North Carolina rounded out the highest 5.
Following a slowdown within the second…