Solar Panel Installations Spike in U.S.: Live Business Updates - News Summed Up

Solar Panel Installations Spike in U.S.: Live Business Updates


In many areas, solar panels now provide electricity at a lower cost than new coal or natural gas power plants. Credit... Tom Sibley for The New York TimesThe pandemic brought many solar power projects to a halt in the spring. All told, about 43 percent of the new electricity generating capacity added this year will be from solar panels, according to the report by the Solar Energy Industries Association and Wood Mackenzie, a research and consulting firm. Large solar farms led the growth, but residential installations also jumped between the second and third quarters of the year. Texas led the nation in solar installations measured by megawatts, followed by Florida, California, South Carolina and Virginia.


Source: New York Times December 15, 2020 12:11 UTC



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