June 11, 2021 Read More →

U.S. solar capacity increased 36% in first quarter of 2021

S&P Global Market Intelligence ($): 

The U.S. solar market got off to a hot start in 2021, adding 2,827 MW of utility-scale capacity in the first quarter, a 36% increase from the same period in 2020.

The U.S. now has 51,966 MW of utility-scale solar power capacity, according to S&P Global Market Intelligence data, which excludes residential systems. The data show that the U.S. has a project pipeline through 2025 of 110,903 MW of solar projects. Of that, 15,279 MW are under construction. The majority of the capacity, 78,566 MW, is in early development.

Texas has the highest amount of solar power capacity in advanced development or under construction, at 6,583 MW. North Carolina has 2,662 MW of such projects, followed by California at 2,275 MW, the data show.

In Florida, NextEra Energy Inc. utility subsidiary Florida Power & Light Co. continues its building spree under its SolarTogether program, a community solar model wherein customers subsidize solar projects across the state through a subscription program. FPL plans to build a total of 1,490 MW of utility-scale solar capacity under the program. In the first quarter, it completed eight 75-MW solar plants across the state.

[Justin Horwath and Gaurang Dholakia]

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