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U.S. PV Potential Vs. Actual Solar Usage


In 2023, for the first time in our modern U.S. economy, renewable electricity accounted for over 50% of annual capacity additions.


In 2023, the U.S. solar industry added 32.4 gigawatts (GW) of new electric generating capacity, a 51% increase from 2022.


Solar now accounts for 53% of all new electric generating capacity added to the grid in 2023.

Total U.S. solar capacity is expected to grow to 673 GW by 2034, enough to power more than 100 million homes.


Solar module manufacturing capacity grew from 8.5 GW to 16.1 GW in 2023.


Every solar market segment saw year-over-year growth in 2023, bringing total installed solar capacity in the United States to 177 GW.


Texas led the nation for new solar installations with 6.5 GW, eclipsing California for the second time in the last three years.


Colorado and Ohio are among the top 10 solar states in 2023 for the first time in over a decade, while Wisconsin made its debut appearance in the top 10.


More than half of U.S. states have 1 GW of total installed solar capacity.

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