John Hennessy III,
P.E.
GREENTECH MEDIA RESEARCH
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).
SOLAR ENERGY INDUSTRIES ASSOCIATION
Nearly all of the top 20 states experienced demand growth in the first half of 2010, although the pace of growth varied highly from state to state. California and New Jersey remained the largest state markets, but nine other states installed at least 10 MW in the first half of the year.
We anticipate that the second half of 2010 will be even stronger than the first. Many projects will rush to commence construction in order to meet eligibility deadlines for the cash grant program, and some of these projects will ultimately be connected to the grid within the year.
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