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Solar will provide 54% of new US generating capacity in 2023, with 29.1 GW added, EIA projects

Utility Dive · Diana DiGangi Reporter · last updated

Solar projects that were delayed in 2022 are expected to come online this year, giving the industry a record-breaking capacity boost.

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Related Knowledge Center: ENERGY BASICS: solar

State of Play

Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.

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