US Solar Market Booms with Eased Panel Imports and Tripled Projections.
US solar energy installations increased by 47% in Q1 2021, with large projects for utilities and other big customers leading installations with a 66% increase from a year earlier. The rise in installations increased capacity to power more than 1 million homes. The growth is a substantial turnaround for the industry, which has been struggling with tight supplies of imported panels. Strong growth is projected for the industry over the next five years, thanks in large part to renewable energy incentives in President Biden's new Inflation Reduction Act.