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Solar Industry News

More solar was installed than any other electricity source in 2019

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Article by Billy Ludt - www.solarpowerworldonline.com

Solar accounted for 40% of all new electric generating capacity in the United States in 2019, its highest share ever and more than any other source of electricity, with 13.3 GW installed.

Despite policy challenges and a second year of the Section 201 tariffs, the U.S. solar market grew by 23% from 2018, according to the U.S. Solar Market Insight 2019 Year-in-Review report, released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.

“Even as tariffs have slowed our growth, we’ve always said that the solar industry is resilient, and this report demonstrates that,” said Abigail Ross Hopper, president and CEO of SEIA. “We know anecdotally that the COVID-19 pandemic is starting to impact delivery schedules and that it could affect demand for solar as well as our ability to meet project completion deadlines based partly on new labor shortages. This once again is testing our industry’s resilience, but we believe, over the long run, we are well-positioned to outcompete incumbent generators in the ‘Solar+ Decade’ and to continue growing our market share.”

Read more at: https://www.solarpowerworldonline.com/

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How you can benefit from a Distributor relationship in your solar install business...

It’s taken us years to develop some of our business connections at Fortune Energy. The relationships we’ve built can benefit the installers who work with us. It’s all about making connections, signing deals, and reducing the bottom line. We meet contacts and collect information from sources like trade shows, industry associations, and current news or [...]

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