26 Sep '11, 2pm

US Solar Stat of the Week: 314.3 MW Installed in Q2 via @greentechmedia

The U.S. solar photovoltaic (PV) market grew 69 percent over the same period last year, installing 314 megawatts of capacity in the second quarter of 2011. Compared to the first quarter of 2011, solar installations increased by 17 percent, which can be seen as a moderately positive result. First quarter installations were supported by a shipment boom in the fourth quarter of 2010, due to the expected expiration of the Section 1603 Treasury Program. While this raised total first quarter 2011 installations, the effect was not felt through the second quarter. The 17 percent installation growth in the quarter is impressive when considered in this context. However, the first quarter is often seasonally weak, so growth in the second quarter is to be expected. Over half of this installed capacity came from the non-residential or commercial sector. This market segment saw 204.6 me...

Full article: http://www.greentechmedia.com/articles/read/U.S.-Solar-St...

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