New York Governor Andrew Cuomo recently announced that the state’s support for solar power initiatives has resulted in an 800% increase in industry growth since 2011. New York’s various renewable energy programs have resulted in $1.5 billion in investments. The NY-Sun Initiative has produce a 10-fold increase in solar projects in several regions of the state. The Mohawk Valley led the way with an almost 16-fold increase in solar capacity.
Installations of solar power continue to increase rapidly around the world and in no place more than China. By the end of 2016, total solar generating capacity in China reached 77.4 gigawatts, making it the largest producer of solar energy in the world. Globally, there is a total of 228 gigawatts of solar power installed, although that number keeps changing rapidly.
Regardless of the new administration’s position on climate change, America’s corporations have assumed a leadership role in the country’s ability to meet and beat previous domestic climate pledges.
Sometime early in May, the United States installed its one millionth solar energy system. Achieving this milestone took the solar industry about 40 years to accomplish. Because of the phenomenal growth of solar power in this country, industry experts predict that it will only take two more years to reach the second million and there are predictions that by the year 2025, there will be one million new installations in the U.S. each year.