According to Taiyangnews citing the Solar Market Insight report (LINK), the US saw 712 MW of new residential solar installations in the third quarter of 2019 which is a record for this segment and helped take total PV installations in the reporting period to 2.6 GW, growing 45% over last year and 25% up from the previous quarter, according to the Q4 2019 US Solar Market Insight report. The cumulative solar PV capacity of the US market until the end of Q3/2019 has now reached 71.3 GW.
- In 2019, the report forecasts the US market to install 13 GW of total capacity, growing 23% annually
- Growing more than double over the next five years, annual installations are expected to reach 20.1 GW by 2021
Source: Taiyangnews US Installed 2.6 GW New Solar In Q3/2019
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