32 GW of Utility-Scale Solar to Come Online Ahead of US 2017 ITC Deadline, IHS Says

Multimedia
Dateline City:
SANTA CLARA, Calif.
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Technology
Lee Graham, +1 212 333 4983
lee@leegrahampr.com

Over 32 gigawatts (GWs) of projects greater than 5 megawatts (MWs) in size are still in development or under construction in the United States

SANTA CLARA, Calif. (June 8, 2015) -- There has been a noticeable increase in the number of photovoltaic (PV) projects in the United States aiming to be operational before the expiration of the 30 percent Federal energy investment tax credit (ITC) on December 31, 2016. According to IHS (NYSE: IHS), the leading global source of critical information and insight, over 32 gigawatts (GWs) of projects greater than 5 megawatts (MWs) in size are still in development or under construction. Not surprisingly, the main bulk of projects is in California, but several other U.S.

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