TRENTON, NJ— The New Jersey solar market hit a new milestone this week when it eclipsed the 1 gigawatt (GW) mark for total installed solar electric capacity. This is enough solar electricity to power 139,000 homes.
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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.
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
Community Energy Solar (Community Energy) today announced that it has closed financing and commenced construction of its six megawatt (dc) Keystone Solar Project in Lancaster County, Pennsylvania.
In this cauldron of stupidity we call a presidential campaign, the scandal of the minute is Obama campaign spokeswoman Lis Smith’s description of Solyndra as “successful and innovative.” She actually said Solyndra was “widely praised as successful and innovative.” She said this not because she wanted to trend on Twitter, but because Solyndra was, in fact, widely praised as successful and innovative
Abound Solar was doomed by Chinese subsidies that helped flood the market with solar panels, former company executives said on Wednesday as Republicans delved into the latest failure of a government-backed solar panel manufacturer.
There’s a House Oversight and Government Reform Subcommittee on Regulatory Affairs hearing on the bankruptcy of Abound Solar coming up, of course… and the Solar Energy Industries Association (SEIA) has put out an excellent statement on the matter, of course. Context, context, context. Context is key.
In the second phase of its ambitious SolarStrong project – the country’s single largest effort to cover roofs with solar panels – installation company SolarCity will put more than 18,000 panels on military homes in California and Colorado.