New Report Shows U.S. Solar Outpaces Global Market: PV Demand Grows 69 Percent Year-Over-Year

The U.S. solar energy industry continued its rapid growth through the second quarter of this year, gaining a greater share of the total global market according to GTM Research and the Solar Energy Industries Association (SEIA)'s latest quarterly U.S. Solar Market Insight report. Leading the way was the U.S. solar photovoltaics (PV) market, which installed 314 megawatts in the second quarter, 69 percent more than the same period last year and 17 percent more than the first quarter of 2011. The U.S. remains poised to install 1,750 megawatts of PV in 2011, double last year's total and enough to power 350,000 homes. "The second quarter data illustrates that the U.S. solar industry continues to be one of the fastest growing in America," said Rhone Resch, president and CEO of SEIA. "More than 100,000 Americans are employed in solar, twice as many as in 2009. They work at more than 5,000 companies - the vast majority being small businesses - across all 50 states."
 

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

POWER RAIL™ Commercial Mounting System

POWER RAIL™ Commercial Mounting System

The Power Rail™ Commercial Mounting System is designed with the professional PV solar installer in mind. Both the XD/UD and LD/MD rails feature single tool assembly with the revolutionary patented RAD™ Lock-in-Place bolt for fast and secure module clamping. The high strength marine-grade aluminum rails include an integral wiring channel for securing cables and providing a professional finish.