Two Graphs Highlighting Growth Surge In US Solar Market
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Originally published on RenewEconomy.
These two graphs pretty much speak for themselves. They highlight the surge in growth in the solar market in the US – encompassing residential and commercial solar, utility scale solar PV and concentrated solar power.
The graphs come from a recent presentation by the Solar Energy Industry Association in the US. By the end of 2015, it expects accumulated capacity in the US to reach 28GW. It has another 36GW of utility scale solar in the pipeline, and the residential market, now at just over one million homes, is also expected to surge.
This is represented in the next graph, with utility scale solar leading the way, and residential installations surging ahead of commercial and industrial installations. The SEIA expects 18 per cent growth and a new installation every 2.5 minutes.
In 2014, 36 per cent of all electricity capacity was solar. But by 2016, it will still account for 1.6 per cent of the total generation mix.
Reprinted with permission.
Chip in a few dollars a month to help support independent cleantech coverage that helps to accelerate the cleantech revolution!
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Sign up for our daily newsletter for 15 new cleantech stories a day. Or sign up for our weekly one if daily is too frequent.
CleanTechnica uses affiliate links. See our policy here.
CleanTechnica's Comment Policy
