29 Jan '14, 5am

U.S. President Obama overestates U.S. solar progress in State of the Union address

U.S. President Barack Obama referenced the progress of the U.S. solar industry in his State of the Union address, noting that an American home or business installs a solar system every four minutes. However, he also stated that the nation is “becoming a global leader” in solar, which is not supported by fact. In 2013, solar photovoltaics (PV) and concentrating solar power (CSP) met only 0.44% of the nation's electricity demand, less than 1/10th of the portion in Germany, Italy or Spain, and less than in many other nations. Unlike nations that have aggressively moved to solar and other renewable energy generation, the United States does not have a system of feed-in tariffs. Instead, the nation's solar industry is supported by a wide and complex array of policies including federal tax incentives, federal loan programs, state renewable energy mandates, net metering, various r...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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