U.S. to reach 29.1GW of utility-scale PV installations in 2023

17 Feb , 2023

According to reports, by 2023, the US photovoltaic market will add 29.1GW of utility-scale photovoltaic systems and 9.4GW of energy storage systems, which is equivalent to 70% of the total installed capacity of 54.5GW of power generation facilities in the United States this year. If these projects come online as planned, 2023 will be the year with the highest installed capacity of new utility-scale PV systems in the United States.


Recent reports mention that some utility-scale PV projects have been delayed until 2022, and the US PV market is expected to rebound this year. If all of these projects come online as planned, 2023 will be the year with the most new utility-scale PV installations in the US, more than double the 13.4GW in 2021.


Since 2010, utility-scale photovoltaic installations in the United States have grown rapidly. Despite an upward trend over the past decade, utility-scale PV installations are down 23% in 2022 compared to 2021.


It is predicted that by 2023, photovoltaic systems installed in Texas (7.7GW) and California (4.2GW) will account for 41% of the new installed photovoltaic system capacity in the United States.


The U.S. battery storage market is growing rapidly, along with the utility PV market and wind power market. Batteries, on the other hand, can store excess power generated by wind farms and photovoltaic systems for later use based on intermittent patterns.