Sunday, September 23, 2012

Report: U.S. solar market spiked heel in the second quarter of 2012

Sunday, September 23, 2012
The U.S. solar industry notched its second best quarter in history with 742 megawatt solar cells installed in the second quarter of 2012.
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The U.S. solare industry notched its second best quarter in history, installation of 742 MW of solar power in the second quarter of 2012, according to a report by the solar energy industries Association (SEIA). A record 477 MW of program installations helped to expand the US solar market by 45% compared with the first quarter of 2012 and 116% in the same period in the year 2011.

Eight States utility registered installations of 10 megawatts or more: Arizona, California, Illinois, Nevada, New Jersey, New Mexico, North Carolina and Texas. The US residential solar market of incremental, installation of 98.2 MW grew in the fourth consecutive quarter. California, Arizona and New Jersey led residential installations at national level.

The latest U.S. solar market insight report from the industry group and GTM research that has the United States now 5,700 MW of installed capacity solar - enough to more than 940,000 households makes. The report notes that the market is still influenced by the last two quarters of the year 2012 and forecasts total 3,200 MW be installed PV this year to 71% on 2011 buzz. See press release SEIA.

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