U.S. Solar Industry Is Growing Again, Albeit More Slowly

Read the full story at e360 Digest.

After a year of uncertainty over federal tax reform, tariffs on imported technology, and state-level policy changes, the U.S. solar energy industry appears to be stabilizing, adding 2.5 gigawatts of capacity in the first quarter of 2018.

This represents an annual growth of 13 percent and accounts for 55 percent of all new U.S. electricity capacity during that period, according to a new report from GTM Research and the Solar Energy Industries Association.

Installation of new residential solar energy capacity remained flat in the first quarter of 2018 — a trend that experts said is actually good news following a 15 percent decline last year, Greentech Media reported.

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