Tuesday, January 19, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

US Solar Energy Review and 2012 Forecasts

by Richard Matthews
February 27, 2012
in Uncategorized
0

The solar sector will face some intense headwinds in 2012. Despite obstacles, the solar market may add at least 25 GW of new capacity in 2012. In North America the market for photo voltaic solar panels has a projected compounded annual growth rate of 42 percent between 2011 and 2015.

Last year was tough for US solar manufacturers. They were forced to reduce prices, decrease margins, close some manufacturing facilities, or even declare bankruptcy. In the 2011 solar market we saw increased manufacturing capacity but we also saw higher silicon supply, lower demand, oversupply and limited credit availability. Perhaps most significantly solar module prices experienced a sharp decline in part due to low cost Chinese PV cell manufacturers.

However, lower module prices have helped reduce the price of solar energy, making solar more competitive with other forms of electricity generation. Today’s manufacturing cost per watt can be as low as US$0.82. These prices can be expected to keep declining particularly as US homeowners are buying solar panels.

The disappearance of the Section 1603 Treasury Grants program at the end of 2011 mean that projects will need tax equity partners. Ernst & Young said that the year ahead will be difficult: “2012 will likely see a significant shortfall of tax equity, and the supply-demand mismatch may limit growth trends in solar and wind development.”

The reality of mainstream global grid parity is getting closer in the solar sector. The declining price of solar has allowed it to grow even in the unsubsidised markets in some emerging economies.

These challenges have not as yet affected overall investment in solar energy. Module prices are expected to further decline over the next five years. This will make solar energy more affordable even in the absence of subsidies.

Regardless of the economic environment, we can expect to see rapid change in renewable energy market and this is particularly true of photo voltaics.

© 2012, Richard Matthews. All rights reserved.

Related Posts
Renewable Energy in 2012: The Global Economic and Environmental Climate
Renewable Energy Is Our Only Hope
How the West can Capitalize on the Growth of Chinese Cleantech in 2012
Outlook for the Chinese Solar Industry in 2012
India is the World Leader in Cleantech Investment Growth
The EU Debt Crisis did Not Curb the Growth of Renewables in 2011
UK Renewable Energy 2011 Overview
UK Wind Energy
Cuts to UK Solar FiTs Could Prove Deadly
Cuts to UK Wind Power ROCs & FiTs
The Implications of the Expiration of US Renewable Energy Subsidies
Obama 2013 Budget Seeks to Make Renewable Tax Credits Permanent
US Wind Energy Market Review and Forecasts for 2012
Geothermal Energy Market Review and Forecasts for 2012
Private Sector Green Investment
Cleantech the Next Great Investment Opportunity
Will 2012 be the Best Year Ever For Clean-Tech Investment?
Investments from Corporate Sustainability is Driving Green Businesses in the UK
UK Government Investments in Efficiency and Renewable Energy
Growing US Corporate Investments are Driving Cleantech
Greener Vehicles Growing Cleantech and Providing Green Jobs
Cleantech Partnerships and Collaborations
California and Other US Leaders in Cleantech Investments
Leading US Cleantech Investment Sectors in 2011 Q3 and Q4
VC Investment in US Cleantech in 2011
US Regains Lead from China as Clean Energy Leader
Investing in CleanTech: Efficiency Upgrades and Renewable Energy

ShareTweetShare
Previous Post

Renewable Energy in 2012: The Global Economic and Environmental Climate

Next Post

Geothermal Energy Market Review and Forecasts for 2012

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

Geothermal Energy Market Review and Forecasts for 2012

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Business

Corporate America’s Break Up with Trump & the GOP

by Richard Matthews
January 15, 2021
0

Resistance to Donald Trump started shortly after he announced his intention to run for public office, but it was not...

Read more

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
protected areas and new species on the map of the world

Summary of Positive Biodiversity Stories

January 11, 2021
images of extreme weather events

Long Term Warming Trends Tell Us What We Need to Know

January 9, 2021

Trump Leads an Insurrection after He and the GOP are Rejected in a Historic Election

January 7, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In