The New Energy Outlook (NEO) is Bloomberg New Energy Finance’s annual long-term global forecast for the future of energy. Focused on the electricity system, NEO combines the expertise of over 65 in-house country and technology-level specialists in 11 countries to provide a unique assessment of how the market will evolve.
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Solar energy is on the rise in the United States. At the end of the first quarter of 2015, more than 21,300 megawatts of cumulative solar electric capacity had been installed around the country, enough to power more than 4.3 million homes. The rapid growth of solar energy in the United States is the result of forward-looking policies that are helping the nation reduce its contribution to global warming and expand its use of local renewable energy sources.
WASHINGTON, D.C. - Despite a strong first quarter, industry leaders are warning that future solar growth in Massachusetts is being jeopardized because net energy metering (NEM) caps have been reached in many areas of the state. These caps have been hit because of the exploding popularity of solar – evidenced by a 150 percent increase in new solar capacity in the first quarter of 2015, compared to the same quarter a year ago.
In an effort to lead by example and further educate residential solar consumers across America, the Solar Energy Industries Association (SEIA) is launching the first SEIA Residential Consumer Guide to Solar Power.
Shattering previous records, the United States residential solar market grew 76 percent over the first quarter of 2014, installing 437 megawatts[i] (MW) of photovoltaics (PV) in the first three months of 2015. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q1 U.S. Solar Market Insight Report, released today, the U.S. installed 1.3 gigawatts (GW) of solar PV across all market segments.
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 June 9, 2015.
Saying it will provide a big boost to the U.S. economy, while also helping to fight pollution and climate change, the Solar Energy Industries Association (SEIA) announced its support today for legislation by Rep. Mike Thompson (CA-5) to extend the Investment Tax Credit (ITC) for both residential and commercial solar installations.
Federal tax policies have been an important driver for solar’s recent remarkable growth, but without action during the 114th Congress, the 30-percent investment tax credit (ITC) for solar and other clean energy technologies will expire at the end of 2016. This policy brief estimates the impacts that current law would have on the solar industry.
Analysis from the Energy Department's National Renewable Energy Laboratory (NREL) finds that by making shared solar programs available to households and businesses that currently cannot host on-site photovoltaic (PV) systems shared solar could represent 32 to 49 percent of the distributed photovoltaic market in 2020.
This policy brief estimates the impacts that current law would have on the solar industry. It also formulates several policy alternatives and estimates their effectiveness at mitigating the negative impacts of the investment tax credit cliff embedded within current law.