New US Solar capacity grows faster than fossil fuels

The solar industry added more new generating capacity this past quarter than coal, natural gas, and nuclear power combined, according to the U.S. Solar Market Insight report…

With 1,665 megawatts brought online in the first quarter of 2016, solar accounted for 64 percent of all new electric generating capacity, the Solar Energy Industries Association report said…According to the report, there are now more than a million operating solar photovoltaic installations across the country, representing 27.5 gigawatts of operating capacity. Just one gigawatt is enough electricity to power about 700,000 average homes.

Renewable energy in general has begun to beat fossil fuels in new installed capacity on a more and more regular basis. Solar grows by leaps and bounds. Residential solar and utility PV both beat natural gas in the first quarter of 2015 in terms of new capacity. In the first quarter of 2014, solar installations accounted for 74 percent of all new U.S. electric capacity…

❝ “While it took us 40 years to hit 1 million U.S. solar installations, we’re expected to hit 2 million within the next two years,” said Tom Kimbis, SEIA’s interim president, in a statement.The solar industry is growing at warp speed, driven by the fact that solar is one of the lowest cost options for electricity and it’s being embraced by people who both care about the environment and want access to affordable and reliable electricity.”

Say “Amen”.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.