Where are solar panels made?

The vast majority of the world’s cells are made in China and four Southeast Asian countries whose solar exports are now subject to steep U.S. tariffs. The U.S. currently has close to 40 gigawatts in module manufacturing capacity, according to Wood Mackenzie — enough to meet almost all of its own demand for panels.

Will the solar industry break installation records this year?

This year, the solar industry is set to break installation records and achieve significant manufacturing milestones — including the return of silicon solar cell production to the U.S. for the first time since 2019.

Will the solar industry continue to grow?

A significant portion of the increase came from China, which deployed around 250 GWdc of solar. Overall, analysts expect the industry to continue to grow, however the range of near-term growth projections is substantial. Notes: E = estimate; P = projection.

Will large-scale solar installations continue to dominate the solar industry?

Large-scale installations have dominated the solar industry in the U.S. for years, and that trend will continue, driven by utility and corporate demand for low-cost clean energy.

How has the inflation Reduction Act impacted solar panels?

The Inflation Reduction Act has caused solar panel manufacturing capacity to quintuple, revived domestic cell production, and sparked a surge in deployments. US Treasury Secretary Janet Yellen shakes hands with Suniva CEO Matt Card at the solar cell company Suniva in Norcross, Georgia, on March 27, 2024.

How many solar panels are there in 2023?

Analysts estimate 2023 global installations reached around 440 GWdc, an 89% increase over 2022 installations, bringing cumulative global capacity to approximately 1.6 TWdc. A significant portion of the increase came from China, which deployed around 250 GWdc of solar.