Current:Home > InvestSolar Job Growth Hits Record High, Shows Economic Power of Clean Energy, Group Says -FinanceAcademy
Solar Job Growth Hits Record High, Shows Economic Power of Clean Energy, Group Says
View
Date:2025-04-19 04:29:30
The American solar industry employed a record-high 260,077 workers in late 2016, according to a new report by The Solar Foundation.
The Washington, D.C.-based solar advocacy nonprofit has tracked changes in the solar workforce since 2010. Their latest report, released Tuesday, reveals that the industry added 51,215 jobs in 2016 and has had job growth of at least 20 percent for four straight years. It added jobs in 44 out of 50 states last year.
California continued to be the best state for solar employment last year with 100,050 jobs, up 32 percent from 2015. Texas, the third-ranked state for solar job numbers, similarly saw a 34 percent increase to 9,396 in 2016.
Massachusetts, the second-ranked state, and Nevada, the fourth-ranked state, however, experienced dips in their job numbers. So did Delaware, New York, New Jersey and Tennessee. This report provided the state-by-state jobs numbers for 2016 and 2015, but offered little analysis. That will be the focus of a follow-up report slated to be released in March.
“Last year, one out of every 50 new jobs created here in America was a solar job,” Abigail Ross Hopper, president and chief executive of the trade group Solar Energy Industries Association, said in a statement. SEIA is a sponsor of The Solar Foundation’s jobs report. “That’s an incredible finding that proves that solar energy is increasingly becoming a linchpin in America’s economy.”
The growth is largely driven by a boom in solar installations nationwide. In the third quarter of 2016, the latest quarter for which data is available, more than 4 gigawatts of new solar capacity was installed. That’s the most new solar added in the U.S. in a single quarter and represents enough solar to power 6.5 million homes.
Market forces have partly fueled the boom, such as declining costs of solar power. The extension of the federal tax credit for solar companies until 2021, as well as some pro-solar state policies and incentives have also spurred the industry’s growth.
The new report projects the solar industry will add more than 25,000 jobs in 2017, including jobs in installation, manufacturing, sales and distribution, project development and other areas. The report authors also described several potential obstacles to future growth, including declining fossil fuel prices, especially for natural gas, and changes to state policies.
Another example is the possible undoing of the Obama administration’s signature climate rule, called the Clean Power Plan. This rule, finialized in 2015, mandates the decrease of greenhouse emissions from power plants and was expected to help support long-term growth in solar and other clean energy altneratives. But President Donald Trump has promised to revoke the rule and it is already under review by the U.S. Court of Appeals.
veryGood! (2)
Related
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Video shows Coast Guard rescuing mariners after luxury yacht capsizes near North Carolina
- Pat McAfee hints he may not be part of ESPN's 'College GameDay' next year
- 'Make this place quiet': Rangers earn redemption to beat Astros, force ALCS Game 7
- South Korean president's party divided over defiant martial law speech
- 3rd person dies after tanker truck with jet fuel hits 2 cars on Pennsylvania Turnpike, police say
- Israeli family from Hamas-raided kibbutz tries not to think the worst as 3 still held, including baby boy
- Vic Fischer, last surviving delegate to Alaska constitutional convention, dies at age 99
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- California man wins $10 million after letting cashier choose his scratch-off ticket
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Snoop Dogg gets birthday surprise from 'Step Brothers' Will Ferrell and John C. Reilly
- Bad Bunny Joined by Kendall Jenner at SNL After-Party Following His Hosting Debut
- Grizzlies' Steven Adams to undergo season-ending surgery for knee injury
- Trump's 'stop
- Dwayne 'The Rock' Johnson says new wax figure in Paris needs 'improvements' after roasted online
- Cincinnati Zoo employee hospitalized after she's bitten by highly venomous rattlesnake
- US renews warning it will defend treaty ally Philippines after Chinese ships rammed Manila vessels
Recommendation
The White House is cracking down on overdraft fees
Leading in early results, Machado claims win in Venezuelan opposition’s presidential primary
Chargers’ Justin Herbert melts under Chiefs pressure in loss at Kansas City
Two men claim million-dollar prizes from New York Lottery, one from historic July 19 Powerball drawing
Global Warming Set the Stage for Los Angeles Fires
Grizzlies' Steven Adams to undergo season-ending surgery for knee injury
DHS warns of spike in hate crimes as Israel-Hamas war intensifies
Air France pilot falls 1,000 feet to his death while hiking tallest mountain in contiguous U.S.