The solar industry is still struggling to recover from the economic downturn and is facing growing competition from a growing solar energy industry.
The solar industry has been slow to recover.
It saw a 15 percent drop in installations in the fourth quarter of 2016 compared with the same period last year.
The sector has seen the largest drop in residential solar installations since 2012, according to GTM Research.
The industry is in the midst of a period of decline, with solar generating capacity dropping to 5 percent of the country’s total capacity by the end of the decade, according the Solar Energy Industries Association.
The Solar Energy Industry Association says it expects solar installations to remain flat at 2.6 gigawatts by 2020, and 5 gigawatts for 2022, the first year for which data is available.
The report says the industry’s capacity will remain at 5 gigawatt equivalents in 2024 and 2025.
While solar remains the dominant solar energy source, it’s also the most expensive.
An average $3,000 investment for a home in the United States costs more than $3.5 billion, according GTM.
In contrast, the solar industry’s cost per watt in 2018 was $0.25, a reduction of more than half from the $0