The US Solar Confidence survey - The results are in.

A recent report by Bloomberg New Energy Finance demonstrated that, in spite of plunging stock prices, investment in utility scale renewable energy was higher in Q3 than in any other quarter and up by 16% compared to this time last year. The second shock of the report was that it was the US cleantech sector taking the lead in terms of investment, overtaking the usual front runners Europe and China. This seemingly positive news is however tainted with some worries from investors and the cleantech sector. Some believe Solyndra's high profile collapse will affect government support of renewable incentives, whilst others expect the expiry of the Treasury cash grant at the end of the year to dampen the development of utility scale projects. Building upon Bloomberg New Energy Finance's findings, Green Power Conferences and the Solar Power Generation USA congress invited over 35,000 professionals from the solar and finance communities to take part in a 5 minute survey to assess industry confidence for 2012. Despite expected difficulties in the market, over 60% of respondents thought that investment in the utility scale solar sector would increase in 2012, whilst 20% thought it would stay the same as 2011 levels.
 

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

Joyce Dayton Corp - Solar Tracking Jack Solutions

Joyce Dayton Corp - Solar Tracking Jack Solutions

Joyce Solar Jacks are specifically designed for heavy-duty solar tracking applications. Available in machine screw and ball screw models, these cost effective and efficient jacks precisely position loads at speeds typical of solar tracking applications. Configurations are available to meet individual customer tracking and positioning requirements. These jacks are designed for outdoor applications and built to stand up to environmental challenges found at solar installations around the world. Specifications: * Ideal for larger loads, 2 tons to 30 tons * Available in acme screw or ball screw * Suitable for utility or commercial installations * Integral trunnion mount * Long life/low maintenance design * Built to ISO 9001:2008 Standards. Joyce delivers more than the finished product. Quality is built into the whole process from expert engineering support during design conception to top-notch customer support after shipment. Contact Joyce for the products and support you need.