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Jump in Solar Energy Adoption Facilitated by Distributed Energy Solutions of Correlate Energy Corp. (CIPI)

  • The United States is on track this year to match 2023’s record-level installation of nearly 40 gigawatts of solar capacity
  • Idaho-based Correlate Energy Corp. is dedicated to the furtherance of renewable energy adoption by the industrial, commercial, and residential market sectors through Correlate’s financial and analytical services
  • Electrical utilities make up the primary sector moving the needle on solar adoption, with Florida and Texas the largest state adopters during the past year
  • The U.S. two-year moratorium on some manufactured solar panel imports has freed up supply chain bottlenecks and eased costs to continue advancing the trend

Electric utilities have become the engine moving solar energy adoption in the United States, accounting for 11.8 gigawatts of new energy capacity in the first three months of 2024, according to a June 5 report by Reuters (https://ibn.fm/gmeie).

Last year the nation installed a record-level amount of solar capacity — nearly 40 gigawatts, according to the report — and the United States is expected to install about the same amount again this…

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NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

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