Good News: US Solar Power Accelerates

https://www.jpost.com/jpost-tech/largest-solar-energy-field-in-us-to-be-built-by-israeli-company-682123

US Solar Potential is Strong

Solar Power Generating Installations are Growing Exponentially, Mainly at Utility Scale

The Total Solar Power Generating Base Grows

Solar Power is the Leader for New Electricity Generating Capacity

Solar Power is Now 4% of Electricity Generation

https://en.wikipedia.org/wiki/Solar_power_in_the_United_States

Commercial/Corporate Solar Power is Growing

Residential Growth Continues

Community Solar Projects Growth Slows

Utility Scale Installations are Growing Most Rapidly

Costs Continue to Decline, Making Solar Competitive with All Other Sources

Short-term Supply Chain, Trade and Regulatory Challenges. New Government Incentives.

https://en.wikipedia.org/wiki/Solar_power_in_the_United_States

https://www.seia.org/research-resources/solar-market-insight-report-2022-q3

https://www.seia.org/news/us-solar-market-ready-rebound-after-tumultuous-first-half-2022

https://www.seia.org/solar-industry-research-data

https://cen.acs.org/energy/solar-power/US-solar-polysilicon-supply-problem/100/i33

https://www.energy.gov/eere/solar/solar-futures-study

https://www.cnbc.com/2022/09/08/solar-installations-will-nearly-triple-over-the-next-five-years-seia.html

https://arstechnica.com/science/2022/09/us-installs-record-solar-capacity-as-prices-keep-falling/

https://www.reuters.com/business/energy/developers-add-less-than-half-planned-us-solar-capacity-h1-eia-2022-08-11/

Summary

Utility scale photovoltaic solar panel energy generation is the future for the US energy market. The cost structure is already low enough to justify 30-40 year investment projects. Solar projects are 40% of new electricity generation projects, heading towards 50-60%, competing fairly with wind power. Solar power at 4% of the total electricity generating capacity is still relatively small, but the new investments will drive it to 8%, 12%, 16% and 20% in the next 20 years.

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