In order to fully exploit the physics potential of Jefferson Lab after 12 GeV energy upgrade, a new Solenoidal Large Acceptance Device (SoLID) is proposed. The SoLID spectrometer, with its unique capability of large acceptance and high luminosity, is ideal for precision measurements in semi-inclusive DIS to study transverse spin and transverse-momentum-dependent parton distributions of the nucleon, and for parity-violating Deep Inelastic Scattering (DIS) to perform precision tests of the Standard Model at low energy as well as addressing specific issues in nucleon structure including charge symmetry violation, d/u ratio and higher-twist effects due to di-quark. SoLID is also essential for precision measurements of J/\psi electroproduction in the threshold region to study non-perturbative gluon dynamics and interaction. Five highly rated SoLID experiments and two "run group" experiments have been approved by the JLab Physics Advisory Committee. The physics program is presented along with an overview of the SoLID instrumentation and its current status.