Global PV installations could reach 655 GW in 2025, up from 597 GW in 2024, according to SolarPower Europe’s latest market outlook, which puts total installed capacity at 2.2 TW.
One of the biggest states for solar passed a bill through its House of Representatives to require the recycling of retired solar and wind projects.
Quotes for rooftop solar projects are averaging $28,750 before incentives, said the marketplace operator.
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.