According to a report by Wood Mackenzie and the Solar Energy Industries Association, at the start of 2019, there were approximately 2,957 MW of solar installed in Texas, enough to power 353,000 homes. Ranked 5th in the nation for installed solar capacity in 2018, Texas is already reaping the benefits of economic growth across the Lone Star State and is poised to grow with more than 4,000 MW of capacity expected to be installed over the next 5 years. This will triple its current installed solar capacity and makes Texas the third fastest-growing solar energy producer behind California and Florida.