24 Dec '14, 12pm

10 #solar trends set to dawn in the New Year

As the sun is about to set on 2014, we look into what the past 12 months brought for the U.S. solar market and what can we expect for 2015. Here are 10 trends to bear in mind as we look ahead to a new dawn. 1. Record PV installations About 6.5 GW of PV will be installed in 2014, according to the Solar Energy Industries Association . If that holds true, installations would be up by 36 percent over 2013, and the market would have more than tripled from just three years ago. In the global ranking, the U.S. might even come in third as only China and Japan are expected to install even more new PV capacity with 12 GW and 11 GW, respectively. The cumulative operating PV capacity in the U.S. will amount to more than 17 GW by the end of 2014. Impressive as this might sound, however, the PV market penetration hovers only around 1 percent, which leaves lots of room to grow. 2. New fi...

Full article: http://www.greenbiz.com/article/top-10-solar-trends-dawn-...

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