• In 2024, China, the EU, and the United States continued to represent more than 80% of annual PV installations. • However, large growth occurred in other markets, particularly India (+92%)
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The Solar Panel Manufacturing industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
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This report includes summary data for the photovoltaic industry from annual and monthly respondents. Data include manufacturing, imports, and exports of modules in the United States and its territories.
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In the first half of 2024, the United States produced 4.2 GW of PV modules—an increase of 75%, y/y—roughly evenly split between thin-film and crystalline silicon (c-Si) module technology.
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Global solar PV manufacturing capacity has increasingly moved from Europe, Japan and the United States to China over the last decade. China has invested over USD 50 billion in new PV supply
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Measure the direct, indirect, and induced employment and economic activity impacts resulting from construction and operation of U.S. solar installations in 2023.
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Subsidized mass production of Chinese solar panels drove down the global price and drove nearly all of the first generation of U.S. and European solar panel makers out of business.
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Floating PV, agricultural PV, and various forms of building-integrated PV (BIPV) are included in the U.S. PV market, however they do not yet represent significant enough market share to be tabulated
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The solar supply chain is global and reliant on products from China or companies with close ties to China, a country with documented human rights violations and an unpredictable trade
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In Q3 2025, the residential segment installed 1,088 MWdc of solar capacity, declining 4% year-over-year and quarter-over-quarter. Despite an industry rush to bring projects online this year to
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