Enerflo’s Post

Check out the newly released Solar Data Cheat Sheet from Solar Energy Industries Association. Great news for Q1 2024!

BREAKING: The U.S. added 11 GW of new #solar module manufacturing capacity in Q1 2024 — the most for a single quarter in American history. At the same time, total solar capacity officially surpassed 200 GW and is expected to double again over the next five years 📈 America’s clean energy economy is flourishing and more growth is on the way ☀️ Check out all the details in SEIA and Wood Mackenzie’s Solar Market Insight Q2 2024 report: https://bit.ly/4c7n0pb

In Q1 2024, the U.S. solar industry achieved a remarkable milestone, expanding solar module manufacturing capacity by 71% and surpassing 200 gigawatts (GW) of total installed capacity. This surge, driven by record utility-scale installations, underscores the impact of federal investments in clean energy, rejuvenating American manufacturing and creating jobs. Despite challenges like labor shortages and policy changes in states like California, the industry is on track to double its capacity by 2029. The future of U.S. solar energy looks incredibly promising! #Telyon #solar #commercialsolar ☀

Thinking about solar? Here are a few statistics to keep you educated. Looking for a local company to install? K.C. Larson can help with that!

It’s hard to know which of these statistics is more incredible. But I’ll choose this one: the US installed a new solar PV system every 39s on average in 2023. Wow. I first worked as a photovoltaic engineer in 2002, when people would ask … photo-what? No Watt pun intended. But most of my career has been spent investing capital in this dynamic sector of the energy market. Alongside energy storage and other solutions, it’s amazing to see how far we’ve all come. Now, solar is the industry that drives more US job growth than any other and more domestic investment in manufacturing than it ever has. That means jobs, lower energy costs, cleaner air and a profitable US industry. A win for alll. The US is already the largest investable market for clean energy in the world (I’m excluding China, that is larger but adds more coal than solar and is not exactly a comfortable place to invest). It’s hard to see this train stopping in a market economy as powerful as the US.

More solar installed in Q4 of 2023 than any previous quarter ever - in the history of the US 📈 …a total of 200.1GW has ever been installed in the United States, and 11GW of that 200.1GW were installed in Q4 2023!! 💡🏠🔌 That’s 5.5% of all solar installations in history happening in the last 3 months of last year! Solar installation has increased at an average of 25% annually over the last decade. The solar industry is going strong, and almost two new solar systems are installed in the US every minute!⏱️ Get on board, or get steamrolled by your power company…to get a free quote from every installer in your area, visit: https://lnkd.in/dbU_xaZX #solar #solarpower #solarcheatsheet #solartrends #solarenergy #solarpanels #solarbattery #offgrid #solarstorage #180DegreesSolar #energy #power #renewableenergy #sustainableliving #sustainability #solarsystem #solarelectricity #microgrid #solarquote #solarinstall #solarinstallation

Solar Energy Industries Association and Wood Mackenzie's Quarterly Solar Market Insight Report dropped today. One of the most notable figures is that solar accounted for 75% of all new electricity-generating capacity added to the US grid in the first quarter of 2024. You can read all the key insights in the Executive Summary - https://lnkd.in/eTfjwt8D

Solar installation growth rate is almost as fast as end of life decommissionings 😎 Our “zero-landfill” solution reuses ALL materials and completely closes the loop. #comstockmetals #silver $LODE

☀️ U.S. Solar Panel Manufacturing Capacity Quadruples The U.S. solar industry is booming, with manufacturing capacity now exceeding 31 GW, a nearly four-fold increase since the Inflation Reduction Act (IRA) passed in 2022. In Q2 2024 alone, 9.4 GW of new solar capacity was installed, and 75 GW has been added in the two years since the IRA took effect. States like Texas, Arizona, and Georgia are leading the charge, with major manufacturing facilities driving growth. While challenges remain, U.S. solar capacity is projected to double by 2029! 🌍 #SolarEnergy #CleanEnergy #RenewableEnergy #ClimateAction #SolarManufacturing

Utility-scale solar generation did not top 1% of total U.S. #electricity output until 2017, but the situation has changed significantly in the past five years. According to U.S. Energy Information Administration (EIA) data, generation in the month of June has jumped fivefold since 2018 and this rapid growth is only the start. In the latest edition of our By the Numbers newsletter, launching today, Seth Feaster and Dennis Wamsted share their insights on this rapid growth. Check it out here: https://hubs.li/Q02HFrBS0 and sign up to receive future editions in your inbox each quarter here: https://hubs.li/Q02HFnRZ0