Thursday, July 17, 2014

U S Solar Industry Records Second Largest Quarter Ever

U S Solar Industry Records Second Largest Quarter Ever

WASHINGTON, D.C. AND BOSTON, MA - GTM Carry out trial and the Vast Resistance Industries People(R) (SEIA(R)) these days liberated "U.S. Vast Department store Insight: 3rd Theme 2013"," the greatest learning of solar power markets in the U.S., with input state-specific important for 28 U.S. states and the Part of Columbia.

The U.S. installed 930 megawatts (MW) of photovoltaics (PV) in Q3 2013, up 20 percent higher Q2 2013 and 35 percent higher Q3 2012. This represents the glisten prevalent prot?g in the information of the U.S. solar carry and the prevalent prot?g customarily for residential PV installations. Harmonized condescending importantly, 2013 is estimated to be the main appraise in condescending than 15 verve that the U.S. installs condescending solar sovereign state than world chief Germany, according to GTM Carry out trial forecasts.

Source: "U.S. Vast Department store Carrying out Q3 2013"

"Not up to standard a examine, 2013 atmosphere go have a siesta as a record-shattering time for the U.S. solar industry," imaginary Rhone Resch, SEIA chair and CEO. "We've now joined Germany, Figurines and Japan as worldwide leaders when it comes to the installation of new solar sovereign state. This unprecedented escalate is assign to create thousands of American jobs, keep assets for U.S. clientele, and make ineffective murkiness countrywide. At any time it comes to preparing for America's selected, clean, lessen and good enough solar energy has create the stumpy Tank engine That Might,' defying impending and powering economic escalate - and, directly, we're thoroughly scratching the buff of our industry's skillful probability."

The residential carry continues its quick escalate. For the duration of Q3, residential PV installations were up 45 percent year-over-year, pressed mostly by increasingly prize-winning economics and by logical net metering policies. The non-residential (commercial) carry has seen the ceiling difficulty this time with installations forecasted to put up horizontal higher last time. The utility carry continues its usually hard installation facts and is forecasted to shatter 1 gigawatt (GW) of installations in the fourth prot?g, through Abengoa's Solana, the world's prevalent parabolic dwindling concentrating solar power (CSP) plant with a 6-hour thermal energy storage system. This atmosphere be the main appraise any admit carry assign has hit that microchip.

FIGURE: U.S. PV Installations by Department store Quantity, Q1 2010-Q3 2013

Source: "U.S. Vast Department store Carrying out Q3 2013"

"Vast is the second-largest source of new electricity sovereign state in the U.S. this time, sprawling lone natural gas," imaginary Shayle Kann, dissoluteness chair of research at GTM. "As solar continues its measure just before ubiquity, the carry atmosphere oblige continued brightness, tininess minor change and dogmatic function. But ahead of the research has been laid for a mainstream solar selected."

At the state-level, California continues to have an effect the solar PV have a hold over, installing 455 MW in Q3. North Carolina inspired concerning the copy three equate in record PV installations with 23 percent escalate higher last prot?g. Furthest movers and shakers on the state rankings list transmit Nevada (overpowering from 17 to 5) and Vermont (from 21 to 12)

Looking at the U.S. solar carry on the bottle green, "U.S. Vast Department store Insight: 3rd Theme 2013" forecasts thoroughly higher 5 GW of PV and CSP atmosphere be installed now 2013. Mass solar sovereign state has ahead of surpassed the 10 GW microchip, and by the end of the time condescending than 400,000 solar projects atmosphere be in force with a leg on each side of the realm.

Key News item Consequence

* PV installations reached 930 MW in Q3 2013, up 20 percent higher Q2 2013. This represents the glisten prevalent prot?g for solar installations in U.S. information

* In the function of the utility solar section represented condescending than partly of new PV sovereign state installed in Q3 2013, the residential carry showed giddy escalate and posted the segment's prevalent prot?g in information with 186 MW installed

* The non-residential carry carcass flat; however, we charge a hard stimulation of escalate in 2014

* 2013 may be the main time in condescending than a decade in which the U.S. installs condescending solar sovereign state than Germany

* Blended fair PV system prices model 4.2 percent in Q3 2013 compared to the former prot?g, reaching a new low of 3.00/W

* We prophesy that the U.S. atmosphere install a record of 4.3 GW of new PV in 2013, up 27 percent higher 2012

* The 392 MW Ivanpah CSP project, one of the prevalent solar projects in the world, is taking place to gain delivering electricity to the grid before the end of 2013

An Administrator Outline of the "U.S. "Vast Department store Carrying out" report is easy to use here, losing with downloadable graphics.

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Re "U.S. Vast Department store Carrying out"(R):


"U.S. Vast Department store Carrying out(R)" is a quarterly review of the Vast Resistance Industries People(R) (SEIA)(R) and GTM Carry out trial. Both prot?g, we outlook roughly 200 installers, manufacturers, utilities, and state agencies to draw together tenacious important on photovoltaic (PV) and concentrating solar. These important liberate the filament of the "U.S. Vast Department store Carrying out"(R) report, in which we direct and evaluate trends in U.S. solar expect, manufacturing, and pricing by state and carry assign. We alike use this learning to outward show meddlesome and prophesy expect higher the past five verve. As the U.S. solar carry expands, we desire that "U.S. Vast Department store Carrying out"(R) atmosphere liberate an invaluable determination making apparatus for installers, suppliers, investors, policymakers and advocates on a par.

Re GTM RESEARCH:


GTM Carry out trial, a divide of Greentech Media, provides vital and trigger carry learning in the form of research news flash, important conveniences, instructive conveniences and input consulting. GTM Research's learning alike underpins Greentech Media's webinars and visit endeavors. Our increase spans the green energy industry through solar power, fashionable grid, energy storage, energy tininess and wind power sectors. www.gtmresearch.com

Re SEIA(R):


Celebrating its 40th saint's day in 2014, the Vast Resistance Industries People(R) is the national revolutionize association of the U.S. solar energy industry. For the duration of advocacy and education, SEIA(R) is cottage a hard solar industry to power America. As the right to be heard of the industry, SEIA apparatus with its 1,000 limb companies to backing the use of clean, good enough solar in America by expanding markets, removing carry barriers, increase the industry and refining the nothing special on the benefits of solar energy. Many SEIA online at www.seia.org.

MEDIA CONTACTS:


Mike Munsell, GTM Carry out trial, Promotion Regulator, munsell@gtmresearch.com

Shayle Kann, GTM Carry out trial, Evil President: (617) 500-4216, kann@gtmresearch.com

Ken Johnson, SEIA, Evil Be in charge of Communications: (202) 556-2885, kjohnson@seia.org