BREAKING NEWS: Solar Module Manufacturing Nearly Doubles in First Quarter of 2024

I promise we will not be in your feed every other day, but as a newsletter focused solely on #solar manufacturing, when I saw the post from Abby Hopper this morning, I couldn't ignore it.

Proof that the Inflation Reduction Act is working: The Solar Energy Industries Association and Wood Mackenzie Power & Renewables announced this morning that U.S. solar panel manufacturing capacity surged by 71%, with 11 GW of new capacity added. That’s the largest quarterly growth in history. The total U.S. solar module manufacturing capacity now exceeds 26 GW annually. Federal investments in clean energy are revitalizing American manufacturing and driving significant growth, especially in utility-scale projects. The solar industry still faces challenges such as labor availability, equipment constraints, and policy uncertainty, but the first quarter of 2024 is proof we’re headed in the right direction. For a full breakdown of the latest SEIA/Wood Mackenzie report on the solar industry's progress in the first quarter, see the release.

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