March 16, 2021

THE GREEN NEW DEAL IS TOO CAUTIOUS:

The U.S. solar industry posted record growth in 2020 despite Covid-19, new report finds (Pippa Stevens, /16/21, CNBC)


U.S. solar installations reached a record high during 2020 as favorable economics, supportive policies and strong demand in the second half of the year offset the impacts from the coronavirus pandemic.

Installations grew 43% year over year during 2020, reaching a record 19.2 gigawatts of new capacity, according to a report released Tuesday from the Solar Energy Industries Association and Wood Mackenize.

During the fourth quarter alone, the U.S. added slightly more than 8 gigawatts of capacity -- a new quarterly record. To put the number in context, during all of 2015, 7.5 gigawatts were added. 

Posted by at March 16, 2021 12:00 AM

  

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