State Overview

Maryland

National Solar Capacity Ranking: 23rd

Data Current Through: Q4 2024

Maryland State Solar Overview

Maryland has aggressively pursued alternative energy projects with a goal of generating 1,250 megawatts of electricity through renewable fuels.

SEIA Maryland State Policy Priorities

  • Support policies that promote long‐term SREC contracts

Official SEIA State Affiliate

Chessa logo

 

Data References:

SEIA/Wood Mackenzie Power & Renewables, Solar Market Insight 2024 Year-in-Review

IREC, National Solar Jobs Census

Energy Information Administration, Electric Power Monthly

SEIA, What’s in a Megawatt?

SEIA, National Solar Database

Just The Facts

  • Solar Installed (MW):

    2,417

  • National Ranking:

    23rd (29th in 2024)

  • Enough Solar Installed to Power:

    288,918 homes

  • Percentage of State's Electricity from Solar:

    6.98%

  • Solar Jobs:

    4,973

  • Solar Companies in State:

    188 (15 Manufacturers, 100 Installers/Developers, 73 Others)

  • Total Solar Investment in State:

    $5.6 billion

  • Prices have fallen:

    42% over the last 10 years

  • Growth Projection and Ranking:

    1,995 MW over the next 5 years (ranks 30th)

  • Number of Installations:

    103,167

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Maryland State Solar Policy Resources

Maryland Energy Storage Policy and Market Overview

Maryland is emerging as a new leader in energy storage. Comprehensive and equitable policies, innovative program design, and active community engagement is inching the state towards a competitive market that will lead Mid-Atlantic growth.

In 2019, Maryland established the Energy Storage Pilot Project (SB 573), requiring IOUs to procure a total of 23.5 MWh of energy storage under at least two different ownership models. The project successfully evaluated ownership efficiency, signaled the viability of the storage market, and is influencing the current regulatory regime.

Following pilot success, Maryland became the eleventh state to establish a procurement target at 3,000 MW by 2033 (HB 910). Additional legislation like the comprehensive 2024, Distributed Renewable Integration and Vehicle Electrification (DRIVE) Act, further streamlined market opportunities for energy storage. The bill requires utilities to provide upfront storage incentives, LMI adders, and sets precedent by authorizing investment in V2G technology. Maryland’s various regulatory and policy frameworks supporting innovative programs, market competition, and financial incentives will surge deployment, and support an affordable and reliable gird.

 

Maryland Energy Storage Policy Resources