The Solar Energy Industries Association® (SEIA®) and GTM Research today released the inaugural U.S. Solar Market Insight™ report with data for the first half of 2010 showing significant growth in the U.S. solar industry despite the continuing struggles of the overall economy.
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The U.S. solar energy industry continued its rapid growth through the second quarter of this year, gaining a greater share of the total global market according to GTM Research and the Solar Energy Industries Association (SEIA)'s latest quarterly U.S. Solar Market Insight report.
The Solar Energy Industries Association® (SEIA®) praised Interior Secretary Ken Salazar for his leadership that resulted in the groundbreaking today for the 1,000 megawatt (MW) Blythe Solar Power Project in Blythe, Calif., which will be the world's largest solar energy facility. The completed project is expected to generate enough electricity to power more than 200,000 households.
The U.S. solar energy industry had a banner year in 2010 with the industry’s total market value growing 67 percent from $3.6 billion in 2009 to $6.0 billion in 2010, according to the U.S. Solar Market InsightTM: Year-in-Review 2010 released today by the Solar Energy Industries Association® (SEIA®) and GTM Research. Solar was a bright spot in the U.S. economy last year as the fastest growing energy sector, contrasting overall U.S. GDP growth of less than 3 percent.
SEIA and GTM Research released the U.S. Solar Market Insight 2011 Year-In-Review on March 12, showing a record quarter and year for U.S. solar installations. The webinar goes over the findings of the 2011 Year-In-Review and answers questions about this dynamic, rapidly changing industry.