Monday, October 31, 2011

New Report Shows U S Solar Outpaces Global Market Pv Demand Grows 69 Percent Year Over Year

New Report Shows U S Solar Outpaces Global Market Pv Demand Grows 69 Percent Year Over Year

BOSTON and WASHINGTON - The U.S. solar energy industry continued its immediate increase at some stage in the little quarter of this day, fixed a sizeable plight of the calculate international retailer according to GTM Test and the Astronomical Move Industries Band (SEIA)'s new quarterly U.S. Astronomical Financial system Entrance into report.

Eminent the way was the U.S. solar photovoltaics (PV) retailer, which installed 314 megawatts in the little quarter, 69 percent broaden than the extremely period fading day and 17 percent broaden than the basic quarter of 2011. The U.S. remains serene to install 1,750 megawatts of PV in 2011, two times fading year's calculate and a lot to power 350,000 homes.

"The little quarter textile illustrates that the U.S. solar industry continues to be one of the testimony emerging in America," meant Rhone Resch, lead and CEO of SEIA. "Expert than 100,000 Americans are employed in solar, dual as many as in 2009. They disruption at broaden than 5,000 companies - the vast largeness days small businesses - with a leg on each side of all 50 states."

The relief and commercial retailer segments grew 37 percent and 22 percent each in the little quarter. The industrial PV fragment, at a halt, stuttered for the little blunt quarter, installing 60 megawatts, a 5.7 percent become less over and done with fading quarter. The U.S. Astronomical Financial system Entrance into report predicts sizeable grip for the industrial retailer, at a halt, in the little curtailed of 2011 and now 2012, as industrial solar-leasing business models make deeper state-owned.

In the concentrating solar retailer, along with both concentrating solar power (CSP) and concentrating PV technologies, over and done with 600 megawatts are now deadened nature in the U.S. The U.S. concentrating solar bring in now holds broaden than 7,000 megawatts (a lot to power 1.4 million homes), of which broaden than 4,000 megawatts of projects yield signed power sequence agreements with utilities.

Moment in time U.S. solar is on pursue for a average day bizarre, the retailer does superficial a size of possibility challenges in 2012 and what went before that could hoax the type of increase seen over and done with the in the past day and a curtailed.

"The possibility expiration of the 1603 Assets program, knock down with dash something off malaise in major markets such as New Jumper and Pennsylvania, threatens to lengthy increase in 2012," meant Shayle Kann, Omission Chief of Astronomical at GTM Test. "Dormant, with increasing retailer select and the continued approach of the utility-scale solar retailer, we portend that the U.S. retailer plight of international installations phantom triple over and done with the in the manner of four time."

The bizarre solar description remains instead good. "The lively little quarter increase is a cause of greater than before battle in the solar retailer, battle that rucksack depressed the proposition of solar panels by 30 percent since the initiation of 2010," other Resch. "This is good news for industrial and business customers as solar becomes broaden practical several day."

The U.S. Astronomical Financial system Insight: 2nd Locality 2011 report is gift of an almanac subscription that provides the highest related, solar-specific condemnation to solar PV and concentrating solar (CSP and CPV) professionals any quarter. U.S. solar heating and cooling textile is self-possessed and reported annually in the Q4 report.

KEY End result FROM Q2 2011

Photovoltaics (PV):

* Grid-connected PV installations in Q2 2011 grew 69 percent over and done with Q2 2010 and 17 percent over and done with Q1 2011 to proceed 314 megawatts (MW), a lot electricity to power a little 63,000 homes.

* Swelling grid-connected PV in the U.S. has now reached 2.7 gigawatts, a lot to power 540,000 homes.

* For the basic era, New Jersey's commercial retailer exceeded California's, making it the major commercial retailer in the ability.

* Six states installed broaden than 10 MW any in Q2 2011 compared to barely three states in all of 2007.

* A slowdown in international demand led U.S. section production to rise 11 percent in Q2 from Q1, to 333 MW.

* Weaker-than-expected international demand environment likewise led to a proposition plunge in Q2, with wafer and cell prices any dropping 25 percent and section prices falling 12 percent on the quarter.

Concentrating Astronomical (CSP broaden than 4 GW yield signed power sequence agreements (PPA)

* In calculate, over and done with 600 MW of CSP and CPV are now deadened nature in the U.S. that phantom duplicate a lot electricity to power 120,000 homes.

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Headed for THE Astronomical Financial system Entrance into Notify

The U.S. Astronomical Financial system Insight: 2nd Locality 2011 report is gift of an almanac subscription that provides the highest related, solar-specific condemnation to solar PV and concentrating solar (CSP and CPV) professionals any quarter. U.S. solar heating and cooling textile is self-possessed and reported annually in the Q4 report. SEIA members reception sooner not expensive pricing.

Headed for SEIA(R)

Acclaimed in 1974, the Astronomical Move Industries Band(R) is the on a national scale organization association of the U.S. solar energy industry. By means of advocacy and education, SEIA(R) is deed to get as far as a compact solar industry to power America. As the tell of the industry, SEIA(R) moving parts with its 1,000 supporter companies to make solar a mainstream and type energy source by expanding markets, removing retailer barriers, development the industry and cultivating the magnificence on the benefits of solar energy.

Headed for GREENTECH MEDIA AND GTM Test


Greentech Media delivers research and condemnation in the business-to-business greentech retailer. Through an incorporated booth, we duplicate valued products, whether it is industry news, retailer research or networking events. GTM Test, the research arm of the company, produces in-depth retailer news broadcast and is the publisher of PV Information, a journal solar retailer accuser. Greentech Media is headquartered in Boston, MA, with operations in New York, NY, San Francisco, CA and Munich.