August 29, 2017 Read More →

Texas, California and North Carolina Lead Record 2nd-Quarter in U.S. Utility-Scale Solar Installations

SNL:

Utility scale solar installations during the second quarter of 2017 totaled 1,147 MW, the most the industry has seen in any second quarter.

Texas led the U.S. in installed capacity during the quarter, with 321 MW of capacity added. California followed with 214 MW coming online, and North Carolina was next at 152 MW.

As of Aug. 3, 18,376 MW of solar capacity with known online years through 2021 were in various stages of development across the U.S., with 3,210 MW, or 17%, designated as under construction. Another 5,131 MW, or 28%, were in advanced development. S&P Global Market Intelligence considers a solar project to be in advanced development when two of the following five criteria are met: financing is in place, a power purchase agreement is signed, panels are secured, required permits are approved or a contractor has signed on to the project.

More: ($) Solar industry sees historic Q2, with 1,147 MW installed

Comments are closed.