A banner year for US solar

Despite the supply and demand challenges that PV faced in 2020, the U.S. solar market had its largest installation year to date, writes IHS Markit’s Maria Chea. More than 22 GW of PV installations were completed last year, with utility-scale projects representing 77% of that volume. A renewables-friendly administration, an extended ITC schedule, increasingly competitive pricing, and a massive late-stage project pipeline will drive strong growth for the United States in 2021.