Sept. 24, 2012: U.S. Solar Market Registers Second-Best Quarter Ever
According to the latest U.S. Solar Market Insight Report, the United States now has 5,700 MW of installed solar capacity — enough to power more than 940,000 households. The report expects the utility photovoltaic (PV) market to remain strong through the last two quarters of 2012, and forecasts a total of 3,200 MW of PV will be installed this year — up 71 percent over 2011 totals.
For the fourth consecutive quarter, the U.S. residential solar market grew incrementally, installing 98.2 MW. California, Arizona, and New Jersey led residential installations nationally, with the smaller-market states of Hawaii, Massachusetts, and Maryland demonstrating strong quarter-over-quarter growth.
Publication date: 9/24/2012