Solar Growth Impressive
April 28, 2010By Bill Opalka, reprinted from RenewablesBiz Daily, April 21, 2010
Even in a recession, the U.S. solar energy industry grew strongly last year by 37 percent. The Solar Energy Industries Association (SEIA) recently released the 2009 U.S. Solar Industry Year in Review.
Overall U.S. solar electric capacity, including both photovoltaic and concentrating solar power installations, increased by 37 percent. This level of new capacity put the total above 2 gigawatts. This was driven primarily by strong demand in the residential and utility-scale markets, state and federal policy advances and declining technology prices. Solar industry revenue skyrocketed, too, reaching $4 billion, a 36 percent increase over 2008.
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