Spring 2023 Solar Industry Update

U.S. Installation Breakdown Annual: EIA (GWac) • The United States installed 17.0 GWac of PV in 2022-down 12% y/y. Residential (5.2 GWac), was up 30%, however C&I (1.3 GWac), and utility-scale PV (10.6 GWac) were down 19% and 23%, respectively, in 2022. U.S. PV Installations by Market Segment . Approximately 52% of U.S. PV capacity installed in 2022 was in Texas, Florida, and California. Despite a concentration of PV installations in the top three markets, diversification of growth continues across the United States. - 20 states had more than 1 GWac of cumulative PV installations at the end of 2022 (Oregon achieved this distinction for the first time in 2022), and 29 states installed more than 100 MWac in 2022. PV Installed (GWac) 5 10 15 45 25 20 20 0 5.7 11.3 9.3 8.4 8.3 19.3 17.0 15.0 2022 U.S. PV Installations by Region (17.0 GWac) Southwest 9% Texas 18% Florida 10% California 24% Other 2015 2016 2017 2018 2019 2020 2021 2022 4% Northeast 11% Midwest ■Residential PV ■Non-Residential PV Utility PV Southeast 10% 14% Note: EIA reports values in Wac which is standard for utilities. The solar industry has traditionally reported in Wdc. Sources: EIA, "Electric Power Monthly," forms EIA-023, EIA-826, and EIA-861 (March 2023, April 2022, February 2021, February 2019). NREL 32

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