28 Jan '15, 2pm

Solar Outlook 2015: Still Growing, But No Longer Energy’s Young Kid

Solar Outlook 2015: Still Growing, But No Longer Energy’s Young Kid

Truth be told, 2015 is shaping up to be a very, very good year for the solar industry in the United States. Yes, a few states are being persnickety. But far more are promoting solar, and they are not just the usual West Coast and Northeast leaders. And yes, the investment tax credit ramps down to 10 percent after 2016. But that’s likely to encourage people to install solar sooner rather than later. “There will be a frenzied effort by the industry and buyers to jump on the solar band wagon before the end of the 30 percent ITC,” said Tom Leyden, CEO of Solar Grid Storage. That’s not to say the decline in the ITC is the only driver of solar growth — far from it. The U.S. industry is enjoying a host of feeders: low PV prices, new emphasis on greenhouse gas reductions, a U.S. President with a pro-green energy agenda, better utility understanding of its grid benefits and a growi...

Full article: http://www.renewableenergyworld.com/rea/news/article/2015...

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