Solar panel installations in the U.S. grew 76 percent in 2012 as the cost of panels and the surrounding equipment continued to fall, according to an annual report by a solar trade group.
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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.
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.
Following the July 24 announcement that public lands in six Western states have been set aside for new solar energy projects, scientific opinion polling in Colorado—one of those six states—indicates that the majority of its entrepreneurs agree government investments in clean energy technologies can stimulate the economy—even after being reminded of Solyndra’s bankruptcy.
The town is hoping a little sunshine will help reduce its yearly electricity costs.
The Solyndra “scandal” is trotted out every few months as part of the big-vs.-small-government debate in this country, but it is not and never was a scandal.
Most mornings, Danny Kennedy hops on a bike with orange saddlebags and rides half an hour from his home to Oakland’s Jack London Square. He makes for quite a picture cruising down Telegraph Avenue, decked out as he often is in an orange helmet, orange jacket and orange leather Adidas shoes. When he arrives at his office, he often makes his rounds on an orange indoor bike. (He’s not joking around with the orange thing.)
Solar Power International 2012 (SPI '12), North America's premier business-to-business event for professionals in solar energy, features experts analyzing the hottest issues, opportunities and challenges critical to the industry's future success.