Sunday, June 26, 2022
The Green Market Oracle
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Fossil Fuels
    • Renewables
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Fossil Fuels
    • Renewables
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
The Green Market Oracle
No Result
View All Result
Home Other

America Surpasses a Solar PV Milestone and Keeps Going

by Richard Matthews
July 15, 2013
in Other
0

NPD Solarbuzz reports that due in part to state incentive programs, the US has installed more than 1.8 gigawatts (GWs) of solar photovoltaics (PV) in the first half of 2013, pushing the nation beyond 10 GWs. Solar PV is a semiconductor technology used for generating electricity by converting the the sun’s rays into electricity. America joins Germany, Italy and China which have already produced more than 10 gigawatts of solar power.

The performance of US solar in the first half of 2013 exceeds the growth of solar in the first half of 2012 (1.8 GWs compared to 1.3 GWs). The Utility-scale market was responsible for at least 45 percent of solar PV installations.


The report forecasts ongoing growth in the solar sector, “Cumulative solar PV installations are forecast to increase an additional 80 percent over the next 18 months, surpassing 17 GW by the end of 2014.”

While we have seen strong solar performances from the Southwest and Southeast regions there are tremendous opportunities for growth in the Great Plains and Great Lakes regions.

According to the SEIA report. “Solar PV has been one of the fastest growing energy sources in the US over the past six years, with a compound annual growth rate of over 50 percent since 2007,” Most of Solar’s U.S. growth (83 percent) has occurred since 2010.

The declining price of solar since 2011 is driving this growth. “Average installed system prices in the US have declined from around $6 per watt two years ago to approximately $4.25 per watt for residential installations and $3 per watt for large utility-scale PV projects today,” the report states.

The Department of Energy’s SunShot Initiative is aiming at the ambitious target of $1 per installed watt. NPD Solarbuzz states that almost 1,400 solar PV installations in excess of 500kW size have been completed across 39 different states so far. This has accounted for approximately 5.4GW of new capacity in the US. Nearly 40 percent of the new capacity has been installed in California.

© 2013, Richard Matthews. All rights reserved.

Related Articles
Breakdown of Solar Demand in Q1 & Q2 2013
Deutsche Bank Revises its PV Forecasts for 2013
Ambitious Growth Predicted for Solar in 2013 and 2014
Solar Increasingly Sustainable Even Without Subsidies
Jinko Solar: Silicone Procurement at the Heart of its Success
US Solar Energy Review and 2012 Forecasts
Outlook for the Chinese Solar Industry in 2012

ShareTweetShare
Previous Post

European Parliament Revives Hopes for Cap-and-Trade

Next Post

Canadian Green Direction Business Directory

Related Posts

Seasons Greetings from the Green Market Oracle

by Richard Matthews
December 24, 2021
0

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...

Environmental Plebiscites: Municipal Referendums and State Ballot Initiatives

by Richard Matthews
November 12, 2020
0

The November 3rd election not only elected an environmentally responsible president it also gave Americans a chance to vote on environmental issues in five state ballots and two city referendums. Americans ...

Next Post

Canadian Green Direction Business Directory

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.

The facts about Nuclear Energy reveal that it is safe and clean but it is not renewable
Energy

Fact Check Reveals Nuclear Energy is Safe and Clean but not Renewable

by Richard Matthews
June 13, 2022
0

Hyperbole bordering on hysteria has misinformed the debate about nuclear energy and obscured the facts. We have decades of data...

Read more

Environmental Implications of Three Types of Economies: Brown, Blue and Green

June 3, 2022

Types of Nuclear Energy: Where We Were and Where We are Today

May 31, 2022

Defining Sustainable Economic Systems – Development vs Growth

April 20, 2022
List of private equity firms and investment funds that focus on on sustainable development goals: Climate action, clean energy, sustainable cities and communities, quality education, innovation and infrastructure, life below water, and life on land.

List of the Top Sustainability Focused Private Equity Firms

March 21, 2022
  • About
  • Climate Change
  • Energy
  • Business and Economics
  • Politics
  • Technology
  • Social Change
  • Events
  • Other

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business and Economics
    • Leadership
    • Supply Chains
  • Economics
  • Energy
    • Fossil Fuels
    • Renewables
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Food
    • Transportation
  • Social Change
    • Education
    • Activism
    • Psychology

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In