The U.S. solar industry expects to add a record 32 gigawatts (GW) of production capacity this year, up 53% on new capacity in 2022 and helped by investment incentives under the Inflation Reduction Act, a report published on Thursday showed.
32 GW is a lot. The average thermal coal generating station in the US is 1GW and these stations have an average capacity of 50%. That means that this colar prodution capacity enables us to displace 64 coal stations during the daytime if consumption does not grow.
European here.
Great! Now double that yearly, over the next 5 years and keep us posted on how much that impacted the economy and everything else.