|Americas Solar Power Market, Forecast to 2022|
|Solar PV Installed Capacity is Set to More than Double by 2022 Due to Stable Growth in the US and Emerging Markets in Latin America|
The annual solar photovoltaic (PV) installations in the Americas are expected to grow at 5.5 percent, generating $141.2 billion in investment by 2022. Backed by strong regulatory activity aimed at adjusting incentives and support mechanisms, solar has extended beyond the traditional markets of the US and Chile to Mexico, Brazil, Argentina and Colombia. The annual installed capacity reached 12.8 GW in 2017, and the total generation capacity, which currently stands at 59.0 GW, is likely to more than double to 141.3 GW by 2022.