Fox News reporter Steve Benen reports that the American solar power industry has reached a milestone: Solar panels have reached 80% of the nation’s electrical power supply.
The American solar panel market is estimated to have a market capitalization of $16.8 billion.
The U.S. solar panel industry is booming, with solar panels reaching 75% of America’s electrical grid in 2017.
But the U.N. Energy Agency has estimated that the total value of the U-verse solar panel marketplace is around $9.2 billion.
In 2018, the American Solar Power Association (ASPA) expects the U,S.
to become the first nation in the world to produce a total of 50% of its electricity from clean, renewable sources.
Solar panels have made inroads in the United States in recent years.
According to a report from the UPI Solar Market Insight report, U..
S.-based manufacturers have already generated around 60% of their installed solar panels in the first half of 2017.
The report also notes that the U.,S.
installed a total 1,400 MW of solar PV in 2017, and another 600 MW in 2018.
Solar panel companies have also found success with small businesses in the U: a report released by the National Association of Home Builders found that solar panel installations were up more than 70% in 2017 over 2016.
It also found that residential solar panels had more than tripled in popularity in the last year, from 3.3 million in 2017 to 4.6 million in 2018, and nearly doubled in price.
While solar panel manufacturing may be booming, the UPA solar power station market may be even more robust.
The UPA, an industrial power generation company headquartered in St. Louis, Missouri, has a solar power plant in its portfolio.
According the company’s website, the company “manufactures and installs power generation equipment and components for industrial, commercial, residential and small-scale projects.”