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The US residential solar market grew 70% during the first half of 2015. Thanks to the addition of another 729 MW of utility-scale solar during the second quarter, the nation has installed more than 1 GW of PV for the last 7 quarters. According to the Solar Energy Industry Association’s (SEIA’s) latest US Market Insight Report, US solar power capacity now exceeds 20 GW.
The Pace Picks Up
SEIA claims that 40% of these projects were picked up because of “solar’s economic competitiveness with fossil-fuel alternatives” and predicts the US will install 7.7 GW by the end of this year, with the most rapid development occurring in the residential sector.
“The demand for solar energy is now higher than ever and this report spells out how crucial it is for America to maintain smart, effective, forward-looking public policies, like the ITC, beyond 2016,” said Rhone Resch, SEIA President and CEO. “At over 20 GW of installed solar electric capacity, we now have enough solar in the U.S. to power 4.6 million homes, reducing harmful carbon emissions by more than 25 million metric tons a year. Since the ITC was passed in 2006, U.S. solar growth has exploded and more than 150,000 American solar jobs have been created. By any measurement, that’s a success for both our economy and environment.”
US Solar Capacity Now Exceeds 20 GW
The business of photonics site, optics.org, reported on Wednesday that Solar PV (photovoltaic) was responsible for 40 percent of new US electricity generating capacity brought online in the first half of this year. As important, the site said that the installation of solar photovoltaic (PV) panels continues to gather momentum in the United States.
They are referring to the findings of analysts at Greentech Media (GTM) Research. Their "Q2 2015 U.S. Solar Market Insight Report" was done in collaboration with the Solar Energy Industries Association (SEIA). The full report carries state-level breakdowns of installations, costs, manufacturing and demand projections.
According to the SEIA site, the residential solar market registered another quarterly record in the second quarter, with 70 percent growth year-over-year. Meanwhile, 729 MW of utility-scale solar PV came on-line in the second quarter of the year, representing more than half - 52 percent - of the nation's quarterly total.
The site took note of two factors: (1) the falling cost of the technology and (2) new financing models. While PV deployments in the US typically have been concentrated in a handful of solar-friendly states such as California, falling costs and new models contribute to a more even distribution across the country.
According to optics.org, "The GTM Research figures suggest that ten different states each installed more than 10 MW of residential PV in the latest quarter. Only four states managed that in the same quarter of 2013."
Basically, the report considers the United States solar industry as continuing on a record breaking trajectory. According to the report, 729 MW of utility-scale solar PV came on-line in the second quarter, representing 52 percent of the nation's quarterly total. "With the federal solar Investment Tax Credit (ITC) scheduled to drop at the end of 2016, utility-scale development is at an all-time high with more than 5 GW of capacity currently under construction," the report said.
Shayle Kann, senior vice president at GTM Research, said, "The utility PV market continues to be the bedrock driver of new installation growth. And in the second half of this year through 2016, growth will reach new heights as a higher share of what comes online stems from projects procured purely based on centralized solar's cost competitiveness,"
Rhone Resch, SEIA President and CEO, sees demand for solar energy as higher than ever. Resch thinks the report is an indicator of just how "crucial it is for America to maintain smart, effective, forward-looking public policies, like the ITC, beyond 2016."
What a waste of taxpayer money. What a pile of junk. What a rape of the environment.US Solar Capacity Now Exceeds 20 GW
September 9th, 2015 by Roy L Hales
US Solar Capacity Now Exceeds 20 GW
Originally published on the ECOreport.
The US residential solar market grew 70% during the first half of 2015. Thanks to the addition of another 729 MW of utility-scale solar during the second quarter, the nation has installed more than 1 GW of PV for the last 7 quarters. According to the Solar Energy Industry Association’s (SEIA’s) latest US Market Insight Report, US solar power capacity now exceeds 20 GW.
The Pace Picks Up
SEIA claims that 40% of these projects were picked up because of “solar’s economic competitiveness with fossil-fuel alternatives” and predicts the US will install 7.7 GW by the end of this year, with the most rapid development occurring in the residential sector.
“The demand for solar energy is now higher than ever and this report spells out how crucial it is for America to maintain smart, effective, forward-looking public policies, like the ITC, beyond 2016,” said Rhone Resch, SEIA President and CEO. “At over 20 GW of installed solar electric capacity, we now have enough solar in the U.S. to power 4.6 million homes, reducing harmful carbon emissions by more than 25 million metric tons a year. Since the ITC was passed in 2006, U.S. solar growth has exploded and more than 150,000 American solar jobs have been created. By any measurement, that’s a success for both our economy and environment.”
Solar rocks! Go solar!
What an ignorant sourpuss. Still standing beside the road, yelling "Get a horse" at the passing autos.What a waste of taxpayer money. What a pile of junk. What a rape of the environment.US Solar Capacity Now Exceeds 20 GW
September 9th, 2015 by Roy L Hales
US Solar Capacity Now Exceeds 20 GW
Originally published on the ECOreport.
The US residential solar market grew 70% during the first half of 2015. Thanks to the addition of another 729 MW of utility-scale solar during the second quarter, the nation has installed more than 1 GW of PV for the last 7 quarters. According to the Solar Energy Industry Association’s (SEIA’s) latest US Market Insight Report, US solar power capacity now exceeds 20 GW.
The Pace Picks Up
SEIA claims that 40% of these projects were picked up because of “solar’s economic competitiveness with fossil-fuel alternatives” and predicts the US will install 7.7 GW by the end of this year, with the most rapid development occurring in the residential sector.
“The demand for solar energy is now higher than ever and this report spells out how crucial it is for America to maintain smart, effective, forward-looking public policies, like the ITC, beyond 2016,” said Rhone Resch, SEIA President and CEO. “At over 20 GW of installed solar electric capacity, we now have enough solar in the U.S. to power 4.6 million homes, reducing harmful carbon emissions by more than 25 million metric tons a year. Since the ITC was passed in 2006, U.S. solar growth has exploded and more than 150,000 American solar jobs have been created. By any measurement, that’s a success for both our economy and environment.”
Solar rocks! Go solar!
Solar power is fools gold. Tax payers are being forced to throw their money away to make the Chinese and democrat fat cats rich. It's a rape of the tax payer.What an ignorant sourpuss. Still standing beside the road, yelling "Get a horse" at the passing autos.What a waste of taxpayer money. What a pile of junk. What a rape of the environment.US Solar Capacity Now Exceeds 20 GW
September 9th, 2015 by Roy L Hales
US Solar Capacity Now Exceeds 20 GW
Originally published on the ECOreport.
The US residential solar market grew 70% during the first half of 2015. Thanks to the addition of another 729 MW of utility-scale solar during the second quarter, the nation has installed more than 1 GW of PV for the last 7 quarters. According to the Solar Energy Industry Association’s (SEIA’s) latest US Market Insight Report, US solar power capacity now exceeds 20 GW.
The Pace Picks Up
SEIA claims that 40% of these projects were picked up because of “solar’s economic competitiveness with fossil-fuel alternatives” and predicts the US will install 7.7 GW by the end of this year, with the most rapid development occurring in the residential sector.
“The demand for solar energy is now higher than ever and this report spells out how crucial it is for America to maintain smart, effective, forward-looking public policies, like the ITC, beyond 2016,” said Rhone Resch, SEIA President and CEO. “At over 20 GW of installed solar electric capacity, we now have enough solar in the U.S. to power 4.6 million homes, reducing harmful carbon emissions by more than 25 million metric tons a year. Since the ITC was passed in 2006, U.S. solar growth has exploded and more than 150,000 American solar jobs have been created. By any measurement, that’s a success for both our economy and environment.”
Solar rocks! Go solar!
ROFL ROFL LOL please stop your killing me.Cheapest Solar Ever: Austin Energy Gets 1.2 Gigawatts of Solar Bids for Less Than 4 Cents : Greentech Media
Cheapest Solar Ever: Austin Energy Gets 1.2 Gigawatts of Solar Bids for Less Than 4 Cents
“We expect to see prices out in the future that are possibly below $20 a megawatt-hour.”
Stephen Lacey
June 30, 2015
A lot more cheap solar is coming for Austin, Texas.
The city's utility, Austin Energy, just released new data on developer bids for PV projects as part of a 600-megawatt procurement. The numbers show how far solar prices have come down over the last year -- and will continue to drop.
According to Khalil Shalabi, Austin Energy's vice president of resource planning, the utility received offers for 7,976 megawatts of projects after issuing a request for bids in April. Out of those bids, 1,295 megawatts of projects were priced below 4 cents per kilowatt-hour.
"The technology is getting better and the prices are decreasing with time," said Shalabi during a presentation in front of the Austin city council last week.
Shalabi displayed the chart below showing an "exponentially declining curve" for PV projects in Texas.
Now that is 2/3rds the price of the Natural Gas or dirty Coal. And getting cheaper as we post. Wind is already less than that. You silly asses have lost the contest, the President has won. He backed a winner in the alternative energy sources.
Cheapest Solar Ever: Austin Energy Gets 1.2 Gigawatts of Solar Bids for Less Than 4 Cents : Greentech Media
Cheapest Solar Ever: Austin Energy Gets 1.2 Gigawatts of Solar Bids for Less Than 4 Cents
“We expect to see prices out in the future that are possibly below $20 a megawatt-hour.”
Stephen Lacey
June 30, 2015
A lot more cheap solar is coming for Austin, Texas.
The city's utility, Austin Energy, just released new data on developer bids for PV projects as part of a 600-megawatt procurement. The numbers show how far solar prices have come down over the last year -- and will continue to drop.
According to Khalil Shalabi, Austin Energy's vice president of resource planning, the utility received offers for 7,976 megawatts of projects after issuing a request for bids in April. Out of those bids, 1,295 megawatts of projects were priced below 4 cents per kilowatt-hour.
"The technology is getting better and the prices are decreasing with time," said Shalabi during a presentation in front of the Austin city council last week.
Shalabi displayed the chart below showing an "exponentially declining curve" for PV projects in Texas.
Now that is 2/3rds the price of the Natural Gas or dirty Coal. And getting cheaper as we post. Wind is already less than that. You silly asses have lost the contest, the President has won. He backed a winner in the alternative energy sources.
