Solar container installed capacity trend pictures and prices

How much solar capacity did the residential segment install in Q1 2025?

Utility-scale projects dominated installations in both states. In Q1 2025, the residential segment installed 1,106 MWdc of solar capacity, declining 13% year-over-year and 4% quarter-over-quarter. High interest rates and economic uncertainty continued to suppress demand.

How much solar capacity did the US solar industry install in Q1 2025?

The US solar industry installed 10.8 gigawatts-direct current (GWdc) of capacity in the first quarter of 2025. Despite both a quarterly and annual decline in capacity, Q1 2025 was the industry’s fourth-best quarter. The utility-scale segment followed a similar trend, with 9 GWdc of capacity, which is lower than both Q1 2024 and Q4 2024.

How much solar capacity did the US solar market install in 2023?

Key figures In 2023, the US solar market installed 32.4 GWdc of capacity, a remarkable 51% increase from 2022. This was the industry’s biggest year by far, exceeding 30 GWdc of capacity for the first time.

How much solar capacity will the US have?

Our annual Year in review report includes a 10-year outlook for every segment. We expect cumulative US solar capacity to more than triple from 236 GWdc installed at year-end 2024, to 739 GWdc installed by 2035, with average annual capacity additions of more than 45 GWdc.

How did solar installation grow in 2024?

All solar segments set annual installation records except for residential solar, which experienced its lowest year of new capacity since 2021. The factors driving installation growth in 2024 varied for each segment. Commercial solar installed 2,118 MWdc in 2024, setting an annual record and growing by 8% year-over-year.

Does community solar capacity exceed our near-term outlook?

Community solar capacity under development and construction significantly exceeds our near-term outlook. New York and Illinois alone have a community solar pipeline totaling nearly 5 GWdc as of Q1 2025. However, due to lengthy interconnection studies and grid upgrades, we expect only a fraction of that capacity to come online each year.