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US Solar Power Capacity Soars to 6.5 GW in Q3 2023, Reflecting 35% YoY Rise

Solar accounts for 48% of new power generation capacity added in the US in 9M 2023

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The U.S. installed 6.5 GWdc of solar power project capacity in the third quarter (Q3) of 2023, a 35% year-over-year (YoY) increase and a 1% rise from the previous quarter, according to the U.S. Solar Market Insight Q4 2023 report by Wood Mackenzie and Solar Energy Industries Association (SEIA).

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