Full Title: U.S. Solar Market Insight Report: 2011 Year in Review
Author(s): Solar Energy Industry Association, GTM Research
Publisher(s): Solar Energy Industry Association
Publication Date: February 1, 2012
Full Text: Download Resource
Description (excerpt):
For the U.S. solar energy industry, 2011 was a historic year. On the positive side, the market for solar installations continued to boom, as the U.S. installed 1,855 megawatts (MW) of photovoltaic (PV) solar systems, representing 109% growth over 2010. The fourth quarter of 2011 saw 776 MW of PV installed, by far the most of any quarter in U.S. market history (473 MW was the previous record, set in the third quarter of 2011). Growth occurred in every market segment—residential, non-residential and utility— and in 18 of the 23 states that are tracked individually. The dollar amount of project finance investments reached an all-time high and traditional energy companies such as MidAmerican Energy Holdings, Exelon and NRG Energy became equity investors in the largest planned solar projects in the country.