Solar Industry Update

Quarterly PV Installed (GWac) · 8 7 6 ம 2 0 U.S. Installation Breakdown Quarterly: EIA (GWac) According to EIA data, the United States installed 11.2 GW ac of PV in H1 2023-its largest H1 ever-up 44% y/y (SEIA reported 11.8 GWdc). - Residential (3.4 GWac) remained up significantly in H1 2023, 45% y/y, as was nonresidential (1.2 Gwac-up 60%) and utility-scale (6.6 GWac-up 40%). • 39% of U.S. PV capacity installed in H1 2023 was in Texas, Florida, and California. 23 states installed more than 100 MW ac in H1 2023. U.S. PV Installations by Market Segment Utility-scale ■C&I ■Residential Click here to interactively view this data on Tableau Public. H1 2023 U.S. PV Installations by Region (11.2 GWac) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2017 2018 2019 2020 2021 2022 2023 Texas 9% Southwest 14% Florida 17% California 12% Other 5% Northeast 15% Southeast 12% Midwest 16% Note: EIA reports values in Wac, which is standard for utilities. The solar industry has traditionally reported in Wdc. See the next slide for values reported in Wdc. Sources: EIA, "Electric Power Monthly," forms EIA-023, EIA-826, and EIA-861 (July 2023, February 2022, February 2019). NREL 15

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