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First Solar, Inc. Message Board

  • bluecheese4u bluecheese4u Sep 4, 2013 2:07 PM Flag

    US Adds 976MW New Solar PV Capacity In 2Q As California Sets Record

    US Adds 976MW New Solar PV Capacity In 2Q As California Sets Record

    The US solar photovoltaic (PV) industry just keeps shining, with rising demand across the country pushing installed capacity in second quarter (2Q) 2013 up 24% compared to first quarter (1Q) 2013.

    America added 976 megawatts (MW) of new solar PV capacity in 2Q 2013, according to the NPD Solarbuzz North America PV Markets Quarterly report.

    Solar PV demand is expected to continue growing through 2013, but roughly 75% of this new capacity is concentrated in just five states – evidence of the impact smart state policy can have on renewable energy.

    US solar PV 2Q 2013 capacity additions chart via NPD Solarbuzz

    Solar PV Demand Growing Fast
    The 976MW of new solar PV capacity installed across the country in 2Q could power US solar markets toward a supercharged 2013. 2Q’s installed capacity was 24% higher than 1Q’s 788MW. Utilities led the way with 59% of all projects, and 72% were ground-mounted systems concentrated mainly in several large-scale projects across the Western US.

    NPD Solarbuzz predicts solar PV demand will grow 14% to 1.04GW in third quarter (3Q) 2013 en route to an 17% annual increase in PV demand across the US compared to 2012, for a total of 4.22GW new annual installed capacity.

    That’s an impressive amount, no doubt, but the best may still be yet to come. An estimated 44GW of commercial and utility projects are in the development pipeline, including 2,300 projects of 50 kilowatts and higher – with more than half of those on commercial locations. At this rate, NPD Solarbuzz predicts the US will be home to 20% of total global solar PV demand within five years.

    Growth Concentrated In Just A Few States

    But even though the American solar industry’s outlook is brighter than ever, the resulting growth is shining squarely on just a handful of states. California represented a whopping 53% of all 2Q solar PV capacity addition, reaffirming its position as the “epicenter of

 
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