What will the solar industry expect in 2025?

The biggest takeaway – the solar industry is on edge about what’s coming in 2025. More than half (56%) of companies flagged the possibility of new tariffs as a major concern, while 50% are worried about changes to solar incentives.

Will installers sell more solar in 2025?

Another 28% say they expect to in 2025. At the end of 2023, 54% of installers said they expected to sell more or less solar in 2024. But in this year’s survey, only 25% reported that demand had, in fact, increased. Looking ahead to 2025, 78% of installers predict they will sell more solar.

Are solar companies ready for 2025?

A third (34%) of respondents said their outlook for 2025 became more negative due to election results, while nearly half (48%) reported no change. Only 18% said they felt more optimistic about their business prospects after the elections. Despite these worries, most solar companies remain resilient.

Is the solar industry poised for continued growth?

As luck (and years of R&D) would have it, Qcells recently achieved a new world record, reaching 28.6% for tandem solar cell efficiency on a cell scalable for mass production. Expect more tandem technology announcements from across the industry in the months to come. Looking ahead, the solar industry is poised for continued growth.

How much power will a solar inverter have by 2025?

By 2025, wattages could surpass 800 Wp. Land Use Reduction: Larger modules can cut land use by 15%, saving 5-10% on project costs, though size increases installation and transportation challenges. Additionally, inverters can shift towards more efficiency up to 2000 Vdc.

Is the solar industry coming off a banner year?

The solar industry is coming off a banner year, with record PV deployment across the United States. A recent report from the Federal Energy Regulatory Commission (FERC) showed that renewables accounted for nearly 90% of all new electrical generating capacity over a period from January to September last year, with solar contributing 78%.