U.S. Solar Capacity Expected to Exceed One Gigawatt in 2010
A new report from the Solar Energy Industries Association and GreenTech Media Research estimates that the United States' solar capacity will reach more than one gigawatt this year -- enough to power 200,000 homes.
The researchers concluded that increased photovoltaic and concentrated solar power projects will contribute to this milestone. They believe the projects are on the rise due to lower prices for modules and continued government support for solar projects.
The report estimates 945 megawatts of solar power capacity will be added this year; this is more than double the 441-megawatts installed last year. 91% of the installations will be photovoltaic, with the remaining 9% producing concentrated solar power.
California leads the nation in solar power installations this year, with 120-megawatts worth of projects. New Jersey, Arizona, and Florida round out the top four.
Shayle Kann, managing director of solar research for GreenTech Media, said, "Looking forward, the question isn't whether the U.S. (photovoltaic) market will grow, but how fast it will grow."
Read the full story at Tech Crunch: Solar Electricity to Power 200,000 U.S. Homes by End of 2010
Nathanael Baker is the Managing Editor of EnergyBoom. He has researched and reported on the issues of renewable energy, sustainability, and climate change for over two years. He has provided research to the New York Times and The Economist, as well as being published on different media outlets including, The Energy Collective.
Energy Boom content is for informational purposes only and is not intended to be advice regarding the investment merits of, or a recommendation regarding the purchase or sale of, any security identified on, or linked through, this site.
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