20 Sep '11, 3pm

Q2 Report: U.S. Solar Capacity Maintains Growth

According to a report released Tuesday by GTM Research and the Solar Energy Industries Association (SEIA), the U.S. remains poised to install 1,750 megawatts of PV in 2011. The PV market bolstered the second quarter numbers with 314 megawatts of new capacity, a 69 percent rise over the same period last year and a 17 percent jump over the first quarter of 2011. The utility market saw 37 percent growth in the second quarter while the commercial market increased 22 percent. The residential market fell 5.7 percent, its second straight quarterly drop. The report predicts the residential market will expand in the second half of next year and throughout 2012 as solar-leasing business models spread nationwide. The spike in installations has coincided with this summer’s widely reported difficulties in domestic manufacturing. A slowdown in global demand led U.S. module production to...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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