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Residential Home Solar Power: Fastest Growing Segment 2015

Posted by GetSolar Staff In Wednesday, March 9 2016 under: Solar News, GTM Research, SEIA, Residential Solar, Home Solar Power

Residential home solar power was the fasted growing segment of the US solar industry, growing 66% in 2015 according to the just released "GTM Research/SEIA U.S. Solar Market Insight" research report on the state of the solar industry. Just over 2 gigawatts (GW) of residential solar capacity was installed in 2015, compared to approximately 1.2 GW in 2014. Sometime in the first half of 2016 we should see the 1 millionth solar installation (all segments combined) in the US market.


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New Report Shows Solar Beating Utility Bills in 20 States

Posted by GetSolar Staff In Friday, February 12 2016 under: Solar Costs, Solar News, GTM Research, SEIA

A new report this week by GTM Research indicates their analysis shows solar electricity is at or below cost parity in no less than 20 US States.  This is a remarkable shift in the economics of solar cleantech in just a few short years. It has been widely known for quite some time that on a National level in the US, fossil fuel generated electricity has not had to "pay" for any of the negative externalities associated with their CO2 and pollution emmissions. Essentially receiving a "free ride" in the larger scheme of classical economic analysis. Solar photovoltaic panels on the other hand do not emit CO2 or pollution in the course of electricity generation. As such, they are a more "valuable" form of energy production, due to their clean nature, and hence their early higher cost. (A general rule of thumb is that the energy and emmissions required to manufacture and transport a solar panel is recouped after 18 to 24 months of electricity production).  Many individual states have "portfolio mixes" of clean and dirty electricity, know as Renewable Portfolio Standards ( RPS), and the US Federal Clean Power Plan will be expanding this landscape over time.


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U.S. Solar Energy Industry Continues 'Record Growth'

Posted by Adam Sewall In Thursday, June 16 2011 under: Solar Industry News, GTM Research, Solar PV Panels, SEIA

Growth in U.S. solar energy installations remains strong -- very strong.

That's according to GTM Research and the Solar Energy Industries Association (SEIA), which together recently released their quarterly report showing that two-thirds more solar photovoltaic (PV) capacity was added in the first quarter of this year than during Q1 of 2010. At the start of April, the cumulative size of all grid-tied solar installations stood at 2.85 gigawatts -- enough oomph to power about 600,000 U.S. homes.

Nearly half of all solar-panel systems were installed in sunny California, with about one-sixth in New Jersey, the country's second-biggest solar market. The rest were installed in Arizona, Pennsylvania, Maryland, Colorado, New York and other states.

Beyond the growing number of solar installations, the report

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Solar Power 'Not Just a California Thing Anymore'

Posted by Adam Sewall In Monday, March 14 2011 under: Solar Industry News, GTM Research, SEIA, California Solar

Todd Woody of Grist Magazine summarizes nicely a recent solar industry report, saying solar power is "not just a California thing anymore." More specifically, Woody reports that

[b]ack in 2004-2005, California accounted for a whopping 80 percent of the U.S. market. In 2010, that share fell to 30 percent, with 258.9 megawatts of the 878.3 megawatts of photovoltaic power installed that year ...

If California's share of the solar pie is shrinking, it must mean that other states' are growing.

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