State Overview

Tennessee

National Solar Capacity Ranking: 33rd

Data Current Through: Q3 2024

 

Tennessee State Solar Overview

SEIA is working to empower TenneSEIA‘s role as an advocate in the Tennessee valley to create increased solar procurement for commercial and industrial energy users, as well as engaging in the legislature for PPA clarification and defending the state tax credit.

Official SEIA State Affiliate

 

Just The Facts

  • Solar Installed (MW):

    897

  • National Ranking:

    33rd (33rd in 2023)

  • Enough Solar Installed to Power:

    92,911 homes

  • Percentage of State's Electricity from Solar:

    1.49%

  • Solar Jobs:

    5,199

  • Solar Companies in State:

    150 (37 Manufacturers, 67 Installers/Developers, 46 Others)

  • Total Solar Investment in State:

    $1.2 billion

  • Prices have fallen:

    37% over the last 10 years

  • Growth Projection and Ranking:

    1729 MW over the next 5 years (ranks 32nd)

  • Number of Installations:

    2,704

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Tennessee State Solar Policy Resources

Tennessee Energy Storage Policy and Market Overview

The energy storage market in Tennessee is nascent as regulators and utilities navigate ways to stimulate market competition. Tennessee’s current market and policy actions aim to reduce stress on utility-generating facilities as they incorporate renewables into their resource portfolios.

Tennessee offers various umbrella policies that incentivize clean energy and storage technologies broadly. The state has instituted two substantial clean energy tax credits for industries investing in alternative energy systems. The tax credits alleviate capital costs for certified new green energy production facilities and incentivize the adoption of innovative technology like battery storage systems.

Economic policies supporting energy storage are aiding initial deployment, but strings of community opposition have perforated development plans and conspired moratoriums. The Tennessee energy storage market has key policy components for growth but needs multilateral support from the state, utilities, and the public to encourage deployment and deliver affordable and reliable energy.

 

Tennessee Energy Storage Policy Resources