BOSTON, Mass. and WASHINGTON D.C. – The United States solar market just shattered all previous quarterly solar photovoltaic (PV) installation records. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q4 2016 U.S. Solar Market Insight report, 4,143 megawatts (MW) of solar PV were installed in the U.S. in the third quarter of the year, a rate of one MW every 32 minutes. That pace is even faster today, as the fourth quarter will surpass this past quarter’s historic total.
FIGURE: Annual U.S. Solar PV Installations, Q1 2010-Q3 2016