Solar Boom in U.S. Continues
The latest data from last year is in, and although some manufacturers took it in the shins, the boom for solar panel systems continued--big time. GTM Research and the Solar Energy Industries Association (yes, we know that there is room for bias, but we will take the findings as they are) just published their findings on the results from last year. According to their report, PV installations increased year over the previous year 76% to a total of 3,313 megawatts. In just one year, 83, 000 homes in the U.S. went solar, bringing the total to more than 300,000 homes throughout the US that have solar panel systems. The report documents the dramatic decline in solar module prices, down 41% in just one year. The sizzling growth is not expected to continue next year, but still the GTM/SEIA research project forecasts a further increase in 2013 of 30%.