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US solar PV grows 1.3 GW in Q1, installed cost drops 10%
US solar PV grows 1.3 GW in Q1, installed cost drops 10%
By Herman K. Trabish | June 11, 2015
Dive Brief:
U.S. residential solar photovoltaic (PV) installed capacity grew by 437 MW in Q1 2015, a 76% increase over Q1 2014, according to the "Q1 U.S. Solar Market Insight report" from GTM Research and the Solar Energy Industries Association. The average residential installed cost was $3.48 per watt, 10% below Q1 2014’s installed cost.
Total solar PV installed capacity, including the commercial-industrial and utility-scale sectors, grew 1.3 GW during the same time period — typically the year's slowest quarter — laying the groundwork to reach a forecast 7.9 GW of new installed PV capacity in 2015, a 27% year-on-year jump.
In the sixth consecutive quarter in which U.S. solar PV increased by over 1 GW, both the residential and utility segments added more capacity than the natural gas industry. Over half of the generating capacity added in the first quarter was solar, according to SEIA.
More at: http://www.utilitydive.com/news/us-solar-pv-grows-13-gw-in-q1-installed-cost-drops-10/400573/
See also: UBS: Solar will soon be 'default technology of the future'
http://www.democraticunderground.com/1016124319
By Herman K. Trabish | June 11, 2015
Dive Brief:
U.S. residential solar photovoltaic (PV) installed capacity grew by 437 MW in Q1 2015, a 76% increase over Q1 2014, according to the "Q1 U.S. Solar Market Insight report" from GTM Research and the Solar Energy Industries Association. The average residential installed cost was $3.48 per watt, 10% below Q1 2014’s installed cost.
Total solar PV installed capacity, including the commercial-industrial and utility-scale sectors, grew 1.3 GW during the same time period — typically the year's slowest quarter — laying the groundwork to reach a forecast 7.9 GW of new installed PV capacity in 2015, a 27% year-on-year jump.
In the sixth consecutive quarter in which U.S. solar PV increased by over 1 GW, both the residential and utility segments added more capacity than the natural gas industry. Over half of the generating capacity added in the first quarter was solar, according to SEIA.
More at: http://www.utilitydive.com/news/us-solar-pv-grows-13-gw-in-q1-installed-cost-drops-10/400573/
See also: UBS: Solar will soon be 'default technology of the future'
http://www.democraticunderground.com/1016124319
