We have some big news! Solar installations in 2023 are projected to exceed 30 GW (gigawatts) for the first time in history [1]. That equates to an offset of nearly 24 million pounds of coal burned [4]! Such a monumental shift doesn’t just illustrate the increasing feasibility of solar energy but also underscores its significance for a sustainable future. Here’s a closer look at the solar trends of 2023 and what they’re predicting.

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Solar Installations in 2023: Breaking Records

The solar sector’s unprecedented growth is an environmental achievement worth celebrating. The projected 30 GW of solar installations in 2023 signifies not just a milestone for the industry, but also a collective step towards a greener tomorrow [1]. This increased adoption of solar can be attributed to technological advancements, cost reductions and heightened awareness about environmental concerns.

The benefits of solar are not restricted to large-scale industrial projects. Residential solar installations are also on the rise, and with good reason. Harnessing the sun’s energy to power your  home not only reduces dependency on non-renewable energy sources, but also has the ability to significantly reduce monthly electricity bills.

Residential solar plays a pivotal role in environmental conservation – there’s no denying it! Solar panels, once installed, produce clean, green energy, helping reduce the carbon footprint of individual households. When more homes adopt solar energy, the cumulative positive impact on the environment is substantial.

Solar’s Community Impact

Homeowners aren’t the only ones taking advantage of solar energy, it’s also making strides in community structures like hospitals, churches and recreational centers [2]. This transition is not just about sustainability, but also about cost-efficiency. Institutions can reduce their operational costs significantly by tapping into solar energy, channeling saved funds into better community service.

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The Future Outlook

The 2023 trends, as outlined in the U.S. Solar Market Insight report, indicate that solar energy is not a fleeting phenomenon, but an industry experiencing impressive, long-standing growth  [3]. As innovations continue and solar technology becomes even more accessible, there’s no doubt that we’ll see installations in neighborhoods skyrocket! There’s a collective realization that sustainable energy is not just an option, but a necessity for a brighter future environmentally and financially. With industry leaders, policymakers and communities rallying behind solar, the future looks not just bright, but positively brilliant. .

Momentum Solar is proud to be a top residential solar provider serving 11 states across the United States. With our dedication to communicative customer service, high-quality components and bespoke energy solutions, Momentum is the trusted solar provider for thousands of homeowners just like you.

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[1] https://www.seia.org/news/solar-installations-2023-expected-exceed-30-gw-first-time-history
[2] https://www.seia.org/blog/clean-energy-your-community-solar-powers-americas-hospitals-churches-and-rec-centers
[3] https://www.seia.org/us-solar-market-insight
[4] https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator#results