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.
Georgia Power and Atlanta-based Solar Design & Development (SD&D) have collaborated to develop and install around the state a series of solar projects totaling 19 megawatts (MW) – Georgia Power's first retail utility-scale solar power development.
Nearly 30 states have passed legislation enabling commercial property assessed clean energy (PACE) programs. On June 12, Connecticut lawmakers voted to create the nation’s first statewide commercial PACE program.
The Long Island Power Authority approved a new program on Thursday to encourage developers to build medium-scale solar projects using a financing mechanism, the feed-in tariff, that has resulted in both booms and busts overseas.
Three solar power systems will help provide electricity for schools on Maryland's Eastern Shore.
According to recent research by Sunrun and PV Solar Report, the California home solar market has grown by 80 percent this year. The report identifies increased solar adoption in more cities as one of the major reasons for the spike in statewide solar projects.