Solar Has Overtaken Gas and Wind as Biggest Source of New U.S. Power
Despite tariffs that President Trump imposed on imported
panels, the U.S. installed more solar energy than any other source of
electricity in the first quarter.
Developers
installed 2.5 gigawatts of solar in the first quarter, up 13 percent
from a year earlier, according to a report Tuesday from the Solar Energy
Industries Association and GTM Research. That accounted for 55 percent
of all new generation, with solar panels beating new wind and natural
gas turbines for a second straight quarter.
U.S. installations are expected to be flat in 2018 as tariffs and tax reform drive up costs
The growth came even as tariffs on imported panels threatened
to increase costs for developers. Giant fields of solar panels led the
growth as community solar projects owned by homeowners and businesses
took off. Total installations this year are expected to be 10.8
gigawatts, or about the same as last year, according to GTM. By 2023,
annual installations should reach more than 14 gigawatts.
“Solar has become a common-sense option for much of the U.S.,
and is too strong to be set back for long, even in light of the
tariffs,” SEIA Chief Executive Officer Abigail Ross Hopper said in a
statement.
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