According to the U.S. Solar Market Insight 2019 Year-in-Review report, released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar accounted for 40% of all new electric generating capacity in the U.S. in 2019, its highest share ever and more than any other source of electricity, with 13.3 gigawatts (GW) installed.
According to the 10th annual National Solar Jobs Census report released released by The Solar Foundation, the U.S. solar industry employed nearly 250,000 workers in 2019, an increase of more than 5,600 jobs (or 2.3%) since 2018. This marks a resurgence in solar industry employment following two years of job losses in 2017 and 2018.
According to research firm Wood Mackenzie, the next decade is set to deliver more of the same for solar PV. Costs will continue to fall, though slower than before, and the diversification of the global market will continue at pace.
The 2020 edition of the Off-Grid Solar Market Trends Report published by the World Bank Group’s Lighting Global Program and the Global Off-Grid Lighting Association (GOGLA) shows the off-grid solar industry has grown into a $1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid growth curve.