U.S. Solar Market Jumps in Q2 2012
The U.S. solar industry notched its second-best quarter in history, installing 742 megawatts ofsolar power in the second quarter of 2012, according to a report from the Solar Energy Industries Association (SEIA). A record 477 MW of utility-scale installations helped the U.S. solar market expand by 45% over the first quarter of 2012, and 116% over the same period in 2011.
Eight states registered utility installations of 10 megawatts or greater: Arizona, California, Illinois, Nevada, New Jersey, New Mexico, North Carolina, and Texas. For the fourth consecutive quarter, the U.S. residential solar market grew incrementally, installing 98.2 MW. California, Arizona, and New Jersey led residential installations nationally.
According to the latest U.S. Solar Market Insight Report from the industry group and GTM Research, the United States now has 5,700 MW of installed solar capacity—enough to power more than 940,000 households. The report notes that the market will remain strong through the last two quarters of 2012, and forecasts a total of 3,200 MW of PV will be installed this year—up 71% over 2011 totals.
- 6 Steps from Getting the Most From Every Lighting Retrofit
- Essential Guide to Lighting Retrofits and Upgrades
- What You Need to Know About Demand Charges
- The Top 5 Things You Should Know about Big Energy Data
- Integrated Building Optimization
- Trends in Energy Management: Where Should Your Next Investment Be?
- 2014 Environmental Leader Product and Project Awards
- Alarms Management: The Future is Now
- Act Local, Think Global: To Drive Agrifood Supply Chain Sustainability
- The CFO and the Sustainability Reporting Chain
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management
- Energy Procurement in 2014: Products & Programs to Optimize Savings
- BUYING STRATEGIES IN A VOLATILE MARKET: What Businesses Need to Know about Retail Electricity Procurement