One factor that drove growth despite pandemic-driven supply chain constraints was the scheduled reduction of the federal investment tax credit (ITC). In December 2020, Congress passed an extension of the ITC, providing a 26% tax credit for the year 2020-22, and 22% in 2023.<\/p>\n\n\n\n
Residential installation growth was also driven in part by an increase in home improvement projects as consumers spent more time at home, said EIA.<\/p>\n\n\n\n
From: https:\/\/pv-magazine-usa.com\/2021\/09\/02\/u-s-solar-panel-shipments-rose-33-in-2020\/<\/p>\n","protected":false},"excerpt":{"rendered":"
Solar PV module shipments reached a record high in 2020, growing 33% year over year. U.S. solar PV module shipments (including imports, exports, and domestic production and sales) rose by one-third year-on-year from 2019 to 2020, said the Energy Information Administration (EIA). EIA reported a record high 21.8 million peak kW shipped in 2020, a 5.4 million… Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":1871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-1870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solarnews"],"yoast_head":"\nU.S. solar panel shipments rose 33% in 2020 - solarpanel4free.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarpanel4free.com\/u-s-solar-panel-shipments-rose-33-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. solar panel shipments rose 33% in 2020 - solarpanel4free.com\" \/>\n<meta property=\"og:description\" content=\"Solar PV module shipments reached a record high in 2020, growing 33% year over year. U.S. solar PV module shipments (including imports, exports, and domestic production and sales) rose by one-third year-on-year from 2019 to 2020, said the Energy Information Administration (EIA). 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