Strong Solar Growth in 2009 Despite Recession

The Solar Energy Industries Association (SEIA) released the 2009 U.S. Solar Industry Year in Review, finding 2009 to be another year of strong growth despite the economic recession. Overall U.S. solar electric capacity, including both photovoltaic and concentrating solar power installations, increased by 37 percent. This was driven primarily by strong demand in the residential and utility-scale markets, state and federal policy advances and declining technology prices. As a result, total solar industry revenue reached $4 billion, a 36 percent increase over 2008.  The solar industry contributed to the overall economy by adding 17,000 new jobs from coast to coast. The solar industry today employs 46,000 U.S. workers and supports an additional 33,000 jobs in other sectors.

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

Experience Single Brand Simplicity with SystemEdge from OutBack Power.

Experience Single Brand Simplicity with SystemEdge from OutBack Power.

Each pre-bundled package is designed to make solar plus energy storage easy. By combining OutBack's most popular FLEXpower pre-wired systems with matched OutBack energy storage, SystemEdge takes the guesswork out of installing solar plus storage. Every SystemEdge package includes a FLEXpower factory pre-wired system, application-specific EnergyCell batteries and racking, FLEXware ICS Plus combiner and all the necessary connection hardware.