U.S. solar installation outlook brightens on falling costs: report


The U.S. solar energy industry lifted its installation outlook for this year and beyond thanks to robust demand for large-scale projects by utilities buying the clean energy source for its low cost, according to a report published on Tuesday.

In 2019, installations are expected to be up 25 percent from 2018 to 13.3 gigawatts, the report from the Solar Energy Industries Association and Wood Mackenzie said. The groups’ previous forecast called for 14 percent growth this year.

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