It seems that nearly weekly we hear more good news on the solar energy front. Today, the Solar Energy Industries Association and GTM Research released their Solar Market Insight Report for Q3 2012, with a summary of accomplishments year to date. The progress is impressive and would have been unimaginable just five years ago. Furthermore, the growth is expected to continue for the next several years, jumping from 3.2 GW in 2012 to 7.8 GW by 2015. Some highlights from the report:
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The number of solar installations grew strongly in the nation’s residential, commercial and utility sectors in the third quarter, largely as a result of falling costs, a federal investment tax credit and state programs that support renewable energies, the solar industry’s main trade group reported on Tuesday.
Developers installed 684 megawatts of solar panels in the U.S. in the third quarter, 44 percent more than a year earlier, as residential projects rose to a record, according to the Solar Energy Industries Association.
WASHINGTON D.C. -- GTM Research and the Solar Energy Industries Association® (SEIA®) today released the U.S. Solar Market Insight: Third Quarter 2012. The report finds that the U.S. solar photovoltaics (PV) market installed 684 megawatts (MW) in the third quarter (Q3) of 2012, representing 44 percent growth over the same period last year. This quarter marked the third largest on record for the U.S.
The White House Chronicle
Rhone Resch, President and CEO of the Solar Energy Industries Association, appears on this episode of the White House Chronicle to discuss the technology, economics, and policies behind solar energy in the U.S.
Solar panel companies are excited about a decision they say is good for business.
It was a historic year for the United States solar energy industry in 2011.
The American solar industry's months-long push to extend then revive the popular 1603 Treasury grant has ceded ground to a parallel strategy to keep Congress from repealing the Investment Tax Credit.
U.S. solar developers are luring cash at record rates from investors ranging from Warren Buffett to Google Inc. (GOOG) and KKR & Co. by offering returns on projects four times those available for Treasury securities.