US solar power installations soar as panel imports ease

The rise in solar installations increased capacity to power more than 1 million homes

SolarWinds CEO Sudhakar Ramakrishna aims to ‘improve productivity’ with AI

SolarWinds CEO Sudhakar Ramakrishna joined ‘Mornings with Maria’ to discuss how the company plans to integrate artificial intelligence into its business model.

The solar industry received a huge boost in the first quarter as the logjam of panel imports eased.

U.S. solar energy installations soared 47%, according to an industry report published on Thursday.

The easing of panel supplies allowed many stalled big projects to be completed and connected to the grid.

The report was issued by research firm Wood Mackenzie and the Solar Energy Industries Association (SEIA) trade group.


Installing panels

Workers lift a solar panel onto a roof during a residential solar installation in Scripps Ranch, San Diego, California. (REUTERS/Mike Blake/File Photo / Reuters Photos)

The rise in installations increased capacity to power more than 1 million homes.

Florida had more new installations than any other state.

Large projects for utilities and other big customers led installations with a 66% increase from a year earlier.

The growth is a substantial turnaround for the industry, which has been struggling with tight supplies of imported panels stemming from implementation of a law meant to weed out products made with forced labor.


Solar panel installing

Solar installers from Baker Electric place solar panels on the roof of a residential home in Scripps Ranch, San Diego, California. (REUTERS/Mike Blake/File Photo / Reuters Photos)

Residential solar also had a banner quarter, soaring 30%.

Homeowners in California scrambled to get systems installed before the state implemented a new policy in April that slashed a subsidy for panel owners.

Economic uncertainty is causing a slowdown in many states, according to the report, with residential solar installations expected to only rise 8% this year.


Solar panels

Solar electric panels are shown installed on the roof of the Hanover Olympic building, the first building to offer individual solar-powered net-zero apartments in Los Angeles, California. (REUTERS/Mike Blake/File Photo / Reuters Photos)

In the report, 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.

Growth rates are expected to be in the low teens between 2024 and 2028, with installations tripling by 2029.

Reuters contributed to this report.

News Related


Einarson in early form in win over Zimmerman at Pointsbet Invitational

Reigning Canadian women’s champion Kerri Einarson cruised to a 15-3 win over Josie Zimmerman on Wednesday in the opening draw of the Pointsbet Invitational curling tournament. Einarson’s team from Gimli, ... Read more »

Splatsin First Nation hosting public walk on Orange Shirt Day

The Splatsin First Nation is inviting the public to participate in Orange Shirt Day by going for a short walk this weekend. National Day for Truth and Reconciliation will take ... Read more »

Trump is dominating Republican presidential race. Can 2nd debate make an impact?

Republicans are meeting for their second presidential debate on Wednesday as Donald Trump’s top rivals seek to blunt the momentum of the former president, who is so confident of cruising ... Read more »

10-year-old girl killed in Vaughan collision: police

A 10-year-old girl is dead after she was hit by a vehicle in Vaughan, police say. York Regional Police said the fatal collision happened on Mullen Drive, which is a ... Read more »

Calgary man finds piece of metal on family’s pizza: ‘How is this possible?’

A Calgary man is expressing his frustrations after a piece of metal was found sitting on top of his family’s pizza he ordered from a fast-food chain. Matt Sommerville says ... Read more »

Ottawa’s bail reform bill will work, minister says. He just can’t say how

Federal Justice Minister Arif Virani said Wednesday he is confident the Liberals’ bail-reform package will have an impact and make the country safer, but he says he cannot measure what ... Read more »

Writers On Daytime Soaps Return To Work After Strike

‘General Hospital’ and ‘The Bold and the Beautiful’ ABC; CBS With the WGA strike officially over, the writers rooms are returning to normal in daytime. Deadline has learned that union ... Read more »

Confessions Of A Longtime TV Executive: Susanne Daniels On How The Development Process Should Change – Guest Column

Susanne Daniels Courtesy Editors note: Susanne Daniels is the former Global Head of Original Content at YouTube and onetime president of MTV Networks, Lifetime and The WB (now The CW). ... Read more »

Second Republican Debate At Reagan Library Won’t Feature Donald Trump, But His Supporters Already Are Declaring Him The Winner

Supporters of former President Donald Trump near the entrance to the Ronald Reagan Presidential Library, the site of the second GOP debate. Photo by FREDERIC J. BROWN/AFP via Getty Images ... Read more »

Dozens of people arrested in Philadelphia after stores are ransacked across the city

Shown is the aftermath of a ransacked liquor store in Philadelphia on Wednesday. Matt Rourke/AP hide caption toggle caption Matt Rourke/AP Dozens of people ransacked stores across Philadelphia on Tuesday ... Read more »

House, Senate stand-off raises chances of US government shutdown

Republican US House Speaker Kevin McCarthy on Wednesday rejected a stopgap funding bill advancing in the Senate, bringing Washington closer to its fourth partial shutdown of the US government in ... Read more »

Moulin Rouge: Yes We Can-Can! review: forget Parisian cool – it's all about Brits and boobs

A surprisingly high number of the famous club’s dancers are British – BBC Worst programme title of the week, without question: Moulin Rouge: Yes We Can-Can! But that’s BBC Two’s ... Read more »

Black Sabbath – The Ballet: an ingenious, affectionate show roared home by the sold-out crowd

Birmingham Royal Ballet in Black Sabbath – The Ballet – Alastair Muir Black Sabbath – The Ballet? Short of Daniel Day-Lewis appearing on Love Island, Paris Hilton directing Pirandello at ... Read more »

Judge Tanya Chutkan will not recuse herself in federal Jan. 6 case against Trump

District Judge Tanya Chutkan on Wednesday denied a request by former President Donald Trump’s legal team to recuse herself from his 2020 election interference trial in Washington. Lawyers for the ... Read more »

Former Obama auto industry czar slams Biden’s UAW picket line visit: ‘Outrageous’ 

President Biden “bowed to progressives” on Tuesday when he broke precedent to become the first sitting commander in chief to visit a picket line, former President Barack Obama’s car czar ... Read more »

Pava LaPere’s suspected killer Jason Billingsley allegedly raped woman, set her and man on fire week before slay

A murder suspect reportedly raped and duct-taped another woman before setting two people on fire a week before allegedly killing a tech CEO in her Baltimore apartment. Jason Billingsley, 32, ... Read more »

Missing mom Suzanne Morphew’s remains found 3 years after she vanished on Mother’s Day bike ride

Colorado mom Suzanne Morphew’s remains have been found — more than three years after she failed to return home from a Mother’s Day bike ride. The 49-year-old’s remains were discovered ... Read more »

‘I wanted to stop letting people down’: Ponga’s emotional vow helped Knights star win Dally M top gong

A desire to stop “letting people down” fuelled one of the most remarkable comebacks on and off the field as Newcastle captain Kalyn Ponga stormed to his first Dally M ... Read more »

Thai PM pitches $21 billion cash handout to revive economy

BANGKOK – Thailand will dole out 560 billion baht (S$21 billion) to its 55 million adults in the next six months to spur domestic demand and investment, with new Prime ... Read more »

Biden says climate change poses greater threat than nuclear war

HANOI – United States President Joe Biden said the sole threat to humanity’s existence is climate change, and that not even nuclear conflict poses a similar danger. “The only existential ... Read more »

Bid to keep German backpacker's rapist behind bars

A man who force-fed sedative laced chocolates to a German backpacker he lured to work on a farm before raping her in a shearing shed could re-offend, psychiatrists say. Peter ... Read more »

New regional sleep program targets First Nations people

A new program aimed at improving sleep health in regional Indigenous communities is linking western science and traditional ways of knowing to better address the health condition of obstructive sleep ... Read more »

Troubled Home and Away star’s drug-fuelled downfall exposed

The struggles of a former Home and Away star have been laid bare as he was jailed for assaulting three people and attempting to steal a car using a wine ... Read more »

‘Close enough isn’t good enough’: NRL happy with controversial calls that decided elimination finals

NRL head of football Graham Annesley says “close enough isn’t good enough” when it comes to scoring tries, and has backed the Bunker for making two big calls in the ... Read more »

Convicted rapist Peter Van de Wetering is set to be released from jail after nine years

A rapist who kidnapped, drugged and raped a German backpacker is a “high” risk of reoffending if released from jail, key experts have told a court. The Queensland Attorney-General is ... Read more »

Anwar hints at new taxes as Malaysia seeks to narrow budget gap

MALAYSIA – Malaysian Prime Minister Anwar Ibrahim signalled that the South-east Asian nation may be considering additional taxes to boost state revenue and meet the target of almost halving the ... Read more »

Teen admits he sexually abused younger sister, 11, when he was just 14

SINGAPORE – A teenager was just 14 years old in 2020 when he subjected his own sister, then 11, to multiple acts of sexual abuse, including attempted rape, over a ... Read more »

Biden wraps Vietnam visit by talking with business leaders and visiting a memorial to John McCain

Biden wraps Vietnam visit by talking with business leaders and visiting a memorial to John McCain President Joe Biden is wrapping up a visit to Vietnam by calling on the ... Read more »

Where Is Shark Tank Filmed?

Television Reality TV ABC/Christopher Willard For years, home audiences have gotten a glimpse into the cutthroat world of entrepreneurship thanks to “Shark Tank,” and after a variety of startup companies ... Read more »

Ukraine war live updates: Ukraine left fuming after G20 summit; Russian missile strike kills foreign aid workers

This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. Ukraine was left fuming after the Group of 20 nations, which were ... Read more »
Kênh kiến thức kỹ năng, phát triển bản thân, hướng nghiệp, blog nhân sự