07 Feb '12, 8pm

What's Driving North America's Solar PV Market in 2012?: The North American solar photovoltaic (PV) market tack...

In the US overall, thank the expiring US Federal Cash Grant for accelerating project activity to beat the year-end deadline. At the state level, California's Solar Initiative ratepayer program brought in an extra $200 million during the quarter, helping to pare down a long waitlist of customer-side distributed generation. Also, as part of California's Renewable Portfolio Standard target (33% of energy from renewable sources by 2020), the state is implementing several programs to stimulate distributed generation projects ranging form 1-20MW. In New Jersey, though, that 4Q11 growth might be short-lived, thanks to an oversupply of Solar Renewable Energy Credits (SREC). Neither NJ nor Pennsylvania has adjusted their RPS solar obligations to fix an SRECs oversupply, says Solarbuzz. Moving above the border to Canada, large-scale projects completed during 4Q11 were already approv...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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What's Driving North America's Solar PV Market ...

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