U.S. Residential Solar PV Installations Exceeded Commercial Installations for the First Time in Q1 2014
Driven by strong year-over-year growth in the utility and residential markets, the United States installed 1,330 megawatts of solar photovoltaics (PV) in the first quarter of 2014. According to GTM Research and the Solar Energy Industry Association’s (SEIA) Q1 2014 U.S. Solar Market Insight Report , the U.S. installed 232 megawatts of residential PV, exceeding the non-residential (commercial) market’s 225 megawatts for the first time in the history of the report. Ongoing strength in the residential sector and volatility in the non-residential market spurred this historic milestone. Despite the dip in non-residential installations, GTM Research and SEIA expect the market to rebound and exceed the residential market in 2014 annual PV installations. In another significant development, Q1 2014 was the largest quarter ever for concentrating solar power (CSP) due to the completion of the 392 megawatt (AC) Ivanpah project and the Genesis Solar project’s second 125 megawatt (AC) phase. With a total of 857 megawatts expected to be completed by year’s end, 2014 is on pace to be the largest year for CSP in history. “Solar accounted for 74% of all new U.S. electric capacity installed in Q1 2014, further signaling the rapidly increasing role that solar is playing in the energy market,” said Shayle Kann, Senior Vice President at GTM Research. “Expect to see a resurgence in the non-residential market, combined with continued incremental residential growth, throughout the rest of this year.” Not to be outshone by the success of the residential sector, the utility PV market continued its dominance, growing 171% between Q1 2013 and Q1 2014. With 873 megawatts installed, it accounted for two-thirds of total installations during the quarter. Large-scale projects that were under contracts and negotiations between 2010 and 2012 are now becoming a reality.
Through its acquisition, GCE will operate a vertically integrated PGM recovery facility and be able to compete favorably in this market. The companies will be in attendance at the industries global gathering at the IPMI trade show in Orlando Florida next month.
Iron Edison Battery Company introduces a new line of Nickel Iron Batteries made in the USA by Encell Technology.
Mitsubishi Electric's lidar, which uses a laser beam safe for human eyes, can measure wind remotely at multiple altitudes for accurate assessment and prediction of wind-turbine power generation.
Xcel Energy estimates that the plant will generate enough electricity to serve the needs of approximately 13,500 average Colorado homes.
Silvantis R-series increases solar module efficiency via Passivated Emitter and Rear Cell (PERC) technology, for higher power output and maximum durability.
Two 75-megawatt (MW-DC) solar photovoltaic (PV) projects lead new energy era in South Africa
Valentin Software's PV*SOL Product Now Includes Tigo Energy's Technology
The Massachusetts-based Millbury Solar project will generate local tax revenue while producing cost-competitive clean energy for UMass and surrounding communities
The 3-day Energy Ocean Conference and Exhibition will start June 3, 2014 in Atlantic City, NJ.
This month's release of the National Climate Assessment report clearly spells out the growing dangers of climate change to the U.S. economy and the environment.
Installed capacity in Klixbüll rises from 15 to 39 megawatts ---- Reactive Power at No Wind to stabilize the grid
REA, STA and WHA welcome improvements to Renewable Heat Incentive
Government review to spark 3 GW rush
Deal Available in 84 Metro Areas Including Hundreds of Cities and Towns; the Largest Online Discount Available for SolarCity's Services
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Solar & Wind - Featured Product
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