Expected to build 4,000 MW of large photovoltaic (PV) plants within the next five years, Texas is on track to become the fastest-growing utility-scale solar market in the US.
At present, Texas operates 566 MW of solar parks, which puts it at the 10th spot nationwide.
Its installed PV capacity is expected to more than double in 2016 alone.
Total solar capacity additions in the state are seen at 4,600 MW by 2020, including about 600 MW of non-utility-scale plants, GTM Research and the Solar Energy Industries Association (SEIA) say in their “US Solar Market Insight, Q2 2016” report.
Only California is forecast to build more PV power plants during that time span.
“With continued innovation and cost declines, the future for solar both in Texas and across the country is looking brighter than ever,” SEIA interim president, Tom Kimbis, said.
The state’s PV farms currently generate enough electricity to power approximately 61,000 local households.
Some 500 solar companies working throughout the value chain in Texas now employ over 7,000 people as manufacturers, contractors, project developers, distributors and installers.