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.
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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.
A few area schools are taking advantage of the Texas sun and seeing significant savings from the use of solar panels.
Solar power is providing the energy needed to charge 10 electric vehicles, or EVs, on the campus of Auburn University. Facilities Management, in partnership with the Office of Sustainability, has funded a pilot project for the installation of 24 solar panels on top of the northeast and southeast stairwells of the stadium parking deck.
Today, NRG Energy, Inc. (NYSE: NRG), MidAmerican Solar and First Solar, Inc. (Nasdaq: FSLR) announced that the 290-megawatt AC Agua Caliente solar project, currently under construction in Yuma County, Ariz., is more than two-thirds complete and delivering more than 200 megawatts to the electric grid. The Agua Caliente project is the world's largest operating photovoltaic power plant.
“Renewable energy has come of age.”
That’s how Maria van der Hoeven, executive director of the International Energy Agency, explained to reporters last week why, for the first time in its history, the oil-focused IEA would be producing medium-term market reports on sources like solar, wind, biomass and other forms of non-hydrocarbon-based sources of power.
Despite the Legislature's suspicion toward the solar industry, photovoltaic technology can power a new statewide economic expansion.
There are no electric poles on the tiny island village of Baleswar in Assam's Nalbari district of Assam. Even then, you can see people using fans and lights, charging their cell phones and even operating computers! All thanks to solar power.