U.S. Installs 832 MW of Solar PV in Q2
19 Sep, 2013
According to the the latest U.S. Solar Market Insight Report the United States installed 832 megawatts of solar PVs in the second quarter of this year. The report issued by GTM Research and the Solar Energy Industries Association publish the report, which analyzes solar power markets in the United States, with strategic state-specific data for 28 U.S. states and the District of Columbia.
Showing continued growth in the solar market, this quarter’s report finds that the U.S. installed 832 megawatts (MW) in Q2 2013, representing 15 percent growth over the first quarter of this year. It was solar’s second best quarter ever.
“Distributed generation is the big story in the U.S. solar market this year,” says Shayle Kann, vice president of research at GTM. “We expect significant growth, especially in the residential sector, but the future will be dictated by the increasingly-complex nexus between the solar industry and utilities.”
Key Report Findings
- PV installations totaled 832 MW in Q2 2013, up 15 percent over Q1 2013
- Cumulative operating PV capacity in the U.S. now stands at 8,858 MM
- 4,372 MW of PV are forecast to be installed in 2013, up from 3,366 MW in 2012, a 30 percent growth rate
- The utility market completed 38 projects totaling 452 MW; there are currently 4.1 GW of utility-scale projects in construction
- The residential market was flat quarter-over-quarter, breaking its streak of incremental quarterly growth
- The non-residential market was down in Q2, continuing a relatively light year for the segment
- BrightSource Energy’s 392 MWac Ivanpah CSP project is on schedule to deliver electricity to the grid in late 2013
Illustration by njaj at Free Digital Photos.net
Source: Solar Energy Industries Association