The U.S solar industry will see historic growth over the next decade, with projections showing an impressive 4x increase in capacity by 2030 and reaching 419 gigawatts (GW). Yet despite these encouraging trends, there are still many barriers to meaningful implementation of policies that can boost our economy while tackling climate change; we need more substantial federal incentives now than ever!

We need to promote policies that advance solar energy for us to continue creating jobs and investment. The current trajectory of this industry will not allow it to reach its goals or cut greenhouse gas emissions by 2035, which means we are leaving hundreds if not thousands out on the table when they could be working hard instead!

It’s time to take a stand and advocate for solar power. This week, industry leaders visited members of Congress to make their voices heard about how important it is that we pass additional policy action before the debate shifts toward infrastructure issues — which will shape America’s future energy needs deeply enough so there can be no ignoring them!

How Can Solar Meet the Goal?

To meet this goal, U.S solar capacity will need to reach nearly 700 GW by 2030 and installations from 20GW in 2020 will grow significantly over time tome-to 90 GW within 15 years!

As the world continues warming, we must find new ways to address climate change. The United States will need an extra 270 GW worth of solar capacity by 2030 for us all to come together there on this issue and stay within safe limits agreed upon at Paris Agreement negotiations – which is three times more than what has been installed throughout American history with regards specifically towards producing clean energy from photovoltaic cells! Not only does having such high levels provide economic benefits, but thousands fewer jobs can easily result if there isn’t enough support available soon enough.

With continued innovation and policy support, the goals of increased solar installations are becoming more realistic. Wood Mackenzie found that the recent two-year extension on Investment Tax Credit (ITC) has caused a 17% increase in forecasted growth for this coming year alone! The solar industry continues fighting these fights by incentives to deploy clean energy resources and provide easier permitting processes so we can have access all over again while supporting domestic manufacturers who need long-term sustainable investment from our government if they are competitive globally.

For solar power to account for 20% of U.S electricity generation by 2030, it will need 600 thousand workers in the industry- an increase from its current workforce size, which stands at about 500 hundred thousand people now. The recent pandemic prevented many residential companies from growing and hiring new employees. In contrast, others have had difficulty securing tax equity needed on projects because they are small businesses with limited resources available for adapting accordingly when change happens around them, whether good or bad.

The solar industry is vital to the U.S.’s energy and economic future. Still, many barriers could stop it from growing necessary for success by 2030 when accounting for 20% more electricity generation than now exists nationally, according to estimates from last year’s report card on employment trends.

The solar industry, which currently relies on tax equity for financing its operations and growth prospects in the United States, is looking at ways to reduce this reliance. One solution that has recently come about as an option would be adding a direct pay option where those who are installing or working with photovoltaic systems could receive money directly from customers instead of waiting months until their invoices get paid; This way, there’d be no need to worry about whether you’ll ever see your hard earn cash again if it’s not today! Another long-term extension proposed by some government members seems very promising, too – allowing them time enough, so we don’t run out of all unemployment benefits before new jobs start.

The solar industry has been growing rapidly, and we must continue to create opportunities for all areas of America, not just those currently thriving. As the climate changes around us make extreme weather more commonplace in certain parts of our country. At the same time, other regions suffer from a lack thereof; there is no better time than right now to assist Americans with transitioning into clean energy careers!

We can’t afford to wait any longer. The stakes are high, but so is the opportunity for our country’s prosperity in this new era of clean energy and climate change awareness. It would be remiss if we did not act now before it becomes impossible later down the line- after all other countries have already taken their proper roles as leaders during a global pandemic or natural disaster situation where America will, unfortunately, play catchup once again due mainly because they were unwilling to take leadership positions first time around. Contact Glyde Solar to go solar today!