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U.S. Solar Market: What the Latest Data Says


The latest data of America’s solar industry shows a market that’s bigger, faster, and more strategically important than ever. Here are the numbers—and what they mean for developers, EPCs, O&M firms, and energy buyers.

The Latest Data of America’s Solar Industry

01 The Scale: Big, Diversified, Nationwide (U.S. Market)
02 Demand & Deployment: From Momentum to Mainstream
03 The Grid Mix: Solar + Storage will Dominate New Additions
04 Capacity is Catching Up: Top 10 States by Cumulative Solar Capacity
05 How Can GBP Help?

01 The Scale: Big, Diversified, Nationwide (U.S. Market)

According to the SEIA, in the United States,

279,447 people employed across 10,000+ solar businesses.

248 GW of installed capacity from 5,561,319 solar energy systems.

$70.3B invested in 2024 alone.

41 states now have a solar or battery manufacturing facility.

This isn’t a niche sector anymore; it’s a national industry with deep supply chains and growing local content.

02 Demand & Deployment: From Momentum to Mainstream

Over 7% of U.S. electricity now comes from solar, nearly 8× its share a decade ago.

There’s enough solar on the grid to power 41.2 million households.

In 2024, a new solar project was installed every 54 seconds.

Over the past decade, the market recorded 28% average annual growth.

By 2030, 13% of U.S. homes are expected to have a PV system.

Looking forward, the U.S. is on track to add 500 GW of new solar capacity by 2035.

For stakeholders, that cadence translates into sustained project pipelines, predictable hiring needs, and long-term service opportunities.

03 The Grid Mix: Solar + Storage will Dominate New Additions

71% of planned grid additions through 2030 are solar (46%) or storage (25%).

Storage is scaling quickly: 78 GWh of utility-scale batteries are now online.

On the customer side, 500,000+ homes already have solar + batteries, and 28% of residential PV installed in 2024 included storage.

Implication: designs that pair PV with batteries are becoming the default. Expect more DC-coupled systems, smarter controls, and tighter utility interconnection specs.

04 Capacity is Catching Up: Top 10 States by Cumulative Solar Capacity

・California – 52,270 MW

・Texas – 43,563 MW

・Florida – 20,065 MW

・Arizona – 10,377 MW

・North Carolina– 9,709 MW

・Nevada – 7,982 MW

・Georgia – 7,466 MW

・Virginia – 7,046 MW

・New York – 6,821 MW

・Illinois – 6,187 MW

05 How Can GBP Help?

Solar is no longer the “next big thing”, it’s the backbone of U.S. grid expansion for the next decade. With strong demand, accelerating storage adoption, and a rapidly scaling domestic manufacturing base, the opportunity now is about execution: engineering discipline, supply-chain reliability, and operations excellence.

GBP’s customized panels deliver precise replacements that match discontinued models electrically and mechanically, keeping projects online without redesigns.

As the market expands, we help you repower quickly, cut downtime, and protect IRR.

👉 Explore GBP’s Customized Panel Replacement Solutions