Installations of photovoltaic solar panels increased by 69% during the first half of 2011

The recent spike in bad news focused on the Solyndra debacle is obscuring the positive long-term trend for solar energy. Installations of photovoltaic solar panels increased by 69% during the first half of 2011, compared with the same time period for 2010, says the U.S. Solar Market Insight quarterly report. In the second half of 2011, growth is expected to continue with 1,750 megawatts installed for the whole year. “The U.S. markets are expanding and heading toward becoming the largest in the world, and our goal is certainly to surpass Germany and Italy and some of those markets that are larger than us today. The resilience and the core stability of this market is remarkable given the economic conditions that exist today,” said Rhone Resch, from the Solar Energy Institute of America.

more here

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