The U.S. solar energy industry 1.855 megawatts installed a record (MW) photovoltaic (PV) capacity in 2011, according the latest US solar market insight report. The amount represents a growth rate of 109% compared to the previous year and ranges, makes more than 370,000 homes. The sum more than doubled the annual record of 887 MW category in 2010. The results came from GTM Research and the solar energy industries Association, an industry trade group.
This growth was partially inspired by falling installed solar photovoltaic (PV) system, prices 20% last year on the back of lower component costs, improved installation efficiency fell, funding opportunities and a shift towards larger systems expanded nationwide. In addition, drove the Treasury's 1603 program, with the 31 December 2011 expected expiration of the US Department, developer on the project of the Commission ended before end of 2011.
The report includes also an update on the concentrating solar power (CSP) market. While no new concentrating solar thermal electric capacity 2011 online, a total of 10 concentration PV projects came online. The year saw also meaningful progress on a number of projects with some capacity is expected later in 2012 online and an increase in the expected to be in 2013. Today, more than 1,000 MW CSP - makes enough 200,000 houses - are under construction.
At the end of 2011, cumulative PV capacity in the United States reached almost 4,000 MW and capacity 500 MW crowned cumulative CSP. Together, these provide enough solar to capacity makes almost one million households.
The market why is shown, the United States always a focus of attention for global solar, according to Milnor kann, Managing Director of GTM Research solar practice. Can be noted that 2011 was the first year with meaningful amounts of PV plants, added that there were 28 individual PV projects over 10 megawatts in 2011, up only two in 2009. Can also said that the market remains at the national level to diversify; eight States installed more than 50 megawatts of solar each last year compared to only five in 2010. US solar market intelligence report projected that 2012 will once again predicted a strong year for the PV industry, with installations of more than 2,800 MW. See the press release for the report.
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