U.S. Solar Market Insight™ is a collaboration between the Solar Energy Industries Association® (SEIA®) and GTM Research that brings high-quality, solar-specific analysis and forecasts to industry professionals in the form of quarterly and annual reports. Released March 5, 2014.
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In a recent report, Lawrence Berkeley National Laboratory summarizes the Integrated Resource Plans of major Western U.S. utilities to assess their assumptions about future changes within the electricity markets they serve.
Germany’s Fraunhofer institute recently released a report showing continued levalized cost of energy (LCOE) declines for photovoltaic (PV) technologies in Germany and for concentrating solar power (CSP) and concentrating photovoltaic (CPV) technologies in higher insolation areas outside of Germany.
The U.S. installed 930 megawatts (MW) of photovoltaics (PV) in Q3 2013, up 20 percent over Q2 2013 and 35 percent over Q3 2012. This represents the second largest quarter in the history of the U.S. solar market and the largest quarter ever for residential PV installations. Even more importantly, 2013 is likely to be the first time in more than 15 years that the U.S. installs more solar capacity than world leader Germany, according to GTM Research forecasts.
The Lawrence Berkeley National Laboratory (LBNL) recently released Utility Scale Solar 2012, which examines trends in installations costs, operations and maintenance costs, capacity factors and power purchase agreement prices for all utility-scale solar technologies.
A new study from the National Renewable Energy Lab (NREL) finds that operating costs associated with additional power plant cycling caused by the integration of renewables to the grid are negligible when compared to fuel costs offset by displacing fossil fuels with renewable energy.
U.S. Solar Market Insight™ is a collaboration between the Solar Energy Industries Association® (SEIA®) and GTM Research that brings high-quality, solar-specific analysis and forecasts to industry professionals in the form of quarterly and annual reports. Released September, 2013.
The Interstate Renewable Energy Council (IREC) recently released its 2012 U.S. Solar Market Trends report. While the data aligns closely with previously released reports on the 2012 solar market, IREC’s report also features installed capacity figures for 47 states, DC and the territories.
In its recent report on solar integration within the Hawaiian grid, the National Renewable Energy Laboratory finds that distributed and utility scale solar can be reliably accommodated by electrical grids on Maui and Oahu at penetration rates of 20%.
In an increasingly competitive business landscape, some of the most well-run and efficient companies are turning to solar energy to stay ahead. From large corporations such as Walmart, Costco, Apple and IKEA to small, local companies, U.S. businesses are making significant investments in solar to cut energy costs. Solar allows businesses of all sizes and in a range of industries to lower their energy expenditures, improve their bottom line and gain a competitive advantage.