11 Oct '11, 2pm

US Residential Solar Installs Hit 59.9 MW in Q2 via @greentechmedia

According to GTM Research and the Solar Energy Industries Association's latest quarterly U.S. Solar Market Insight report, installations in the U.S. residential PV market during the second quarter of 2011 fell 5.9 percent to 59.9 megawatts, down from 63.6 megawatts in the first quarter. Though this trend is disappointing, it is not predictive for the residential segment. The residential market has historically been the least volatile sector in the U.S. PV market. Source: GTM Research, Q2 U.S. Solar Market Insight Report Residential installers tend to focus on installation volume and are less able to shift allocation of projects based on prevailing market conditions. While large commercial installers may delay installations in order to take advantage of decreased module prices, residential installers look to run at full steam if projects are available. Therefore, the reside...

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

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