Wednesday, November 9, 2011

Solar Installations up 66 Percent in Q1 2011

Compared to the first Quartal of 2010, the number of solar installations increased by 66 Percent, according to the " U.S. Solar Market Insight™: Q1 2011" released in mid June by the Solar Energy Industries Association (SEIA) and GTM Research. Just another proof for the bright future, that solar systems have.The amount of 252 MW of grid-connected photovoltaics (PV) was built on US roofs in Q1 2011 alone. The SEIA reports the United States’ cumulative grid-connected PV installations have reached more than 2.85 gigawatts (GW), enough to power nearly 600,000 U.S. homes.

Geographically, the top seven states in Q1 2010 accounted for 82 percent of U.S. installations. While the Top Seven list changed a bit since 2010, the seven top-ranked states of Q1 2011 (California, New Jersey, Arizona, Pennsylvania, Colorado, New York and Massachusetts) made up 88 percent of U.S. installations. In other words, the top-ranked states continue to gain traction and dominate market share. This is partly attributed to state-specific programs that incentivize customers to participate in solar installations. The awareness of solar energy systems as a great investment will rise, the more we can spread the word about the Return on Investment that those incentives provide for the customer.

What do you think? Looking forward to read your comments.

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