Solar Industry Magazine
With President Barack Obama now elected to a second term, will the U.S. solar market continue its pace of expansion? Although the solar sector's membership comprises voters with diverse political views, most industry leaders characterize the Obama win as a positive for the continued development of solar projects large and small.
Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), expressed high hopes for the U.S. solar sector under Obama's second term. "If the next 4 years are as good as the last 4 then solar will finally be a big part of our energy in the US
," he tweeted after Obama was declared the winner.
In fact, since President Obama took office, the U.S.' solar deployment total has grown by more than 400%, according to a statement from Resch. In 2008, the U.S. had 1,100 MW of solar online; now, the total has reached more than 5,700 MW