U.S. solar panel installations grew 76 percent in 2012 to 3.3 gigawatts, representing a tenth of the global market, led by large-scale projects in the desert southwest, according to the Solar Energy Industries Association.
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Partly driven by an oversupply of cheaper panels from China, the domestic solar market had its best year in 2012, with the growth in installations outpacing that of the global market, according to an annual report to be released Thursday.
U.S. Solar Market Grows 76% in 2012; Now an Increasingly-Competitive Energy Source for Millions of Americans Today
Added Record 3.3 Gigawatts of Capacity, Enough New Capacity to Power More Than 500,000 Homes
The millionth solar panel has been installed at a sprawling desert power plant that will feed energy to San Diego-area utility customers as soon as late spring, the project developer said Tuesday.
A few area schools are taking advantage of the Texas sun and seeing significant savings from the use of solar panels.
On Tuesday this week, I officially began my term as Board Chair for the Solar Energy Industry Association (SEIA). Established in 1974, SEIA represents the entire solar industry in the U.S. with over 1000 members that span manufacturing, installation, development, finance, service providers, and suppliers.
The U.S. solar market is shaping up to be significantly larger than anticipated and could end up installing nearly 3.3 GW of solar panels in 2012, a roughly 18 percent jump from the previous forecast of 2.8 GW, according to a report from GTM Research and Solar Energy Industries Association on Wednesday.
As New York considers legislation to incentivize solar installations, at least one manufacturer is looking to expand into the state. AllEarth Renewables, based in neighboring Vermont, announced plans today to partner with New York solar installers and grow its business.
Workers recently swarmed Francisca Guerva's two-family home, installing a state of the art array of solar panels.
The Wall Street Journal
Bank of America Corp. (BAC) said it will contribute $50 billion over the next 10 years to address climate change, the latest company to boost its investments toward environmental goals. (must be a WSJ subscriber)