08 Jun '17, 3pm

"U.S. Solar Market Sees Solid Growth In The First Quarter"

"U.S. Solar Market Sees Solid Growth In The First Quarter"

As previously predicted, the U.S. solar market slowed down in the first quarter of 2017 (Q1’17) compared to the record-shattering growth it had last year. Nonetheless, the market still experienced solid growth of over 2 GW of PV in the quarter and saw record-low prices for utility-scale systems. According to GTM Research and the Solar Energy Industries Association’s (SEIA) latest U.S. Solar Market Insight Report , the U.S. installed 2,044 MW of new capacity in Q1’17, marking the sixth straight quarter in which more than 2 GW of PV was installed. The report says solar was the second-largest source of new electric generating capacity additions brought online in the U.S. during the quarter, with solar responsible for 30% of new generation, second only to natural gas. As the U.S. solar sector grows, installed system prices continue to fall across all market segments, and the r...

Full article: http://solarindustrymag.com/u-s-solar-market-sees-solid-g...

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