Another Milestone: Arctech Ranks World's No. 2 in Solar Tracker Market
- In Q1 2025, the U.S. added 10.8 gigawatts of new solar capacity, with solar and storage technologies representing 82% of all newly installed grid capacity.
- This growth occurred despite challenges including tariffs introduced during the second quarter, along with increasing market obstacles such as elevated interest rates and policy uncertainties.
- The residential solar market declined 13% year-over-year with 1.1 GW added, while the commercial solar market set a record first-quarter installation capacity of 486 MW.
- SEIA warned that if Congress does not reverse course, 330,000 jobs and $286 billion in investments could be lost, with Abigail Ross Hopper calling job losses "a recipe for disaster."
- These changes suggest that tariffs and the possible elimination of tax credits pose serious risks to the industry’s future expansion, potentially leading to widespread energy supply challenges and increased electricity costs across the country.
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76 Articles
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Another Milestone: Arctech Ranks World's No. 2 in Solar Tracker Market
KUNSHAN, China, June 10, 2025 /PRNewswire/ -- Recently, Wood Mackenzie, a world-renowned energy research firm, released its 2025 Global Solar PV Tracker Market Share Report. Arctech surged to the second position globally with a 16% market share, while also claiming…
US Solar Industry Experiences Strong Quarterly Growth with 8.6 GW of New Solar Module Manufacturing Capacity
The U.S. solar industry has increased its Solar module manufacturing capacity in Q1 of 2025 and added 8.6 gigawatts (GW). This makes it the third-largest quarter for new manufacturing capacity […] The post US Solar Industry Experiences Strong Quarterly Growth with 8.6 GW of New Solar Module Manufacturing Capacity appeared first on SolarQuarter.
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