Scientific American reports that the expansion of solar power broke major records in 2019. Solar power accounted for almost 40% of new generating capacity in the United States. The growth shows a 23% jump from 2018, and was led by California, a state with large solar power potential. There has also been large growth in areas of the Northeast, as well as parts of Texas and Florida.
Federal investment tax credits which expire in 2022 have played a major role in encouraging some companies to make conversions to solar in the utility sector, according to Scientific American.
The Solar Energy Industries Association and Wood Mackenzie, a global energy research and consulting firm, reports that total solar power installed is expected to more than double in the next five years, reports Scientific American.
Solar markets in Pennsylvania and Colorado could be the next to take off, with New York, Maryland and Maine following.
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