A new briefing released from the National Renewable Energy Laboratory (NREL) and the Lawrence Berkeley National Laboratory (LBNL) documents continued installed price declines in U.S. photovoltaic installations. The authors find price declines of 6-14% from 2011 to 2012, and 6-7% per year since 1998.
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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.
SEIA filed additional comments in the FERC rulemaking which proposes changes to the Small Generator Interconnection Procedures (SGIP), docket RM13-2-000.
In its Medium-Term Renewable Energy Market Report, the International Energy Agency predicts 40% growth in renewable power generation over the next 5 years.
A recent NREL report finds that concentrating solar power systems (CSP) with thermal energy storage (TES) provide value to the grid that is $30/MWh to $51/MWh higher than conventional base load generation. The analysis focused on grid performance in California under a 33% renewable scenario.
Today, from security and battlefield readiness to cost savings and efficiency, America’s military is making an unprecedented commitment to renewable energy sources, and solar is “walking point” on many of these new, innovative efforts.
Through the third quarter of 2011, the U.S. solar market installed more than 1 gigawatt (GW) of grid-connected photovoltaics (PV) on the year, far surpassing the 2010 annual total of 887 megawatts (MW). The third quarter of 2011 was also the largest quarter for installations ever seen in the U.S., supported by utility-scale project completions and rapidly declining prices for PV modules.
In 2010, the U.S. installed 887 megawatts (MW) of grid-connected PV, 104% growth over the 435 MW installed in 2009. Despite this, U.S. market share of global installations fell to 5.1%, down from 6.0% in 2009. Over the past six years, the U.S. has been growing at a relatively even pace with the global market; as a result, U.S. market share of global installations has consistently hovered between 5% and 7% since 2005. In 2011, however, this pattern is likely to end. A first-half slowdown in major European markets (most notably Italy and Germany) combined with continued strength in the U.S. has already led most PV manufacturers and developers to seek opportunities in the U.S. market with many in the industry expecting the it to be the largest market in the world within a few years.