Spring 2023 Solar Industry Update

15 Annual PV Installed (GWdc) 0 5 30 25 • U.S. Installation Breakdown Annual: SEIA (GWdc) SEIA reports that the United States installed 20.2 GWdc of PV in 2022 (140.6 cumulative)—an annual decrease of 16% y/y. 11.8 GWdc UPV (-31% y/y), 2.4 GWdc Non-residential (-10% y/y), and 5.9 GWdc Residential (40% y/y). Q4 2022 installations totaled 6.6 GWdc. U.S. PV Installations by Market Segment • Unlike the previous slide, these values are in GWdc-not GWac. In 2022, 50% of installed capacity occurred in California, Texas, and Florida, however 28 states installed more than 100 MW. 2022 U.S. PV Installations by Region (20.2 GWdc) 2010 2011 2012 Utility Nonresidential PV ■Residential PV 2013 2014 2015 2016 Sources: Wood Mackenzie/SEIA: U.S. Solar Market Insight: 2022 YIR. 2017 2018 2019 2020 2021 2022 California 24% Texas 17% Other 6% Southwest 10% Midwest Florida 9% 8% Southeast 15% Northeast 11% NREL 33

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