WASHINGTON, DC and BOSTON, MA - GTM Conduct test and the Solar Animatronics Industries Creation(R) (SEIA(R)) at the moment uncontrolled "U.S. Solar Pipe Insight: Year-in-Review 2012", the basic notion of solar power markets in the U.S.
Amongst diverse record-breaking rendezvous, solar is the take notes developing energy source in the U.S., powering homes, businesses and assistance grids crossways the territory. The "Solar Pipe Prudence" annual report story shows the U.S. installed 3,313 megawatts (MW) of solar photovoltaics (PV) in 2012, a paper for the industry. Possibly maximum completely, clean, not dangerous, evenhanded solar is recurrent a combined bump prototype that has made it a major source of new electricity for America that's constantly ruthless with congealed electricity crossways dozens of states at the moment.
Side by side with the receipt of solar reducing for customers, the be snapped up magnitude of the U.S. solar industry grew 34 percent from 8.6 billion in 2011 to 11.5 billion in 2012-not with billions of dollars in other economic benefits crossways states and communities. As of the end of 2012, nearby were 7,221 MW of PV and 546 MW of concentrating solar power (CSP) online in the U.S. -- a lot to power 1.2 million homes.
At the state similar, 2012 was diverse rendezvous for violation certification. California became the basic state to install better-quality 1,000 MW in one rendezvous, with bump crossways all be snapped up segments. Arizona came in as the instant largest be snapped up, led by large-scale assistance installations, being New Jersey erudite bump in the state's non-residential be snapped up. The top 10 largest state solar markets in 2012 were:
1. California - 1,033
2. Arizona - 710
3. New Jersey - 415
4. Nevada - 198
5. North Carolina - 132
6. Massachusetts - 129
7. Hawaii - 109
8. Maryland - 74
9. Texas - 64
10. New York - 60
"MW of PV installed in the sphere of 2012"
FIGURE: U.S. PV INSTALLATIONS AND WEIGHTED Light INSTALLED Document
Source: "U.S. Solar Pipe Insight: Year-in-Review 2012"
In sum total to paper annual report installations, the fourth grounds (Q4) of 2012 worn out all-time quarterly certification as decidedly, with 1,300 MW of installed PV, besting the imaginative whopping by a giant 64 percent. The industrial and assistance segments had their vital studio perpetually, installing 144 MW and 874 MW respectively.
"2012 was a booming rendezvous in the U.S. solar be snapped up," alleged Shayle Kann, wantonness person in command at GTM Conduct test. "The be snapped up benefit from of U.S. solar installations reached 11.5 billion in 2012, up from birthright 3.6 billion in 2009. Amidst this crunch, the industry faced newly-imposed load tariffs on Chinese solar cells and serialized consolidation in the built-up break. In 2013, we make up diverse stringent rendezvous, provoked in constituent by new mechanisms to reach the availability, and ease the receipt, of solar project financing."
The industrial be snapped up saw determined bump in California, Arizona, Hawaii, Massachusetts, and New York, as exposition industrial system prices dropped re 20 percent in one rendezvous - from 6.16 per watt in Q4 2011 to 5.04 per watt in Q4 2012. SEIA and GTM Conduct test make up industrial solar to to cut a long story short in 2013 and times of yore, as third-party solar financing options escalate crossways the soil.
The non-residential bank, which includes commercial, governmental, and non-profit systems, installed higher than 1,000 MW in 2012. Prominent non-residential markets included California, New Jersey, Arizona, Massachusetts, and Hawaii.
Meanwhile, the assistance be snapped up continues to be unavailable by installations in the authority southwest. Grant were 152 assistance solar installations in 2012, and eight of the ten largest projects pronto in draw on were all-inclusive in 2012. These installations represented 54% of result installed energy, or 1,782 MW.
"Grant were 16 million solar panels installed in the U.S. delay rendezvous - higher than 2 panels per instant of the turn out well day - and altogether one of these panels was bolted down by a member of the U.S. struggle," alleged Rhone Resch, person in command and CEO of SEIA. "We've brought higher new solar online in 2012 than in the three formerly existence seam. This time-consuming bump is enabling the solar industry to create thousands of good jobs and to devote clean, evenhanded energy for higher families, businesses, utilities, and the militaristic than perpetually ahead. This bump honestly would not identifiable occurred lacking invariable, long-lasting policies that identifiable helped to certification a self-assured business environment for this country's 5,600 solar companies - many of them small businesses."
SEIA and GTM Conduct test make up the bump to sequence voguish 2013 and times of yore. For this rendezvous, the report forecasts 4,300 MW of new PV installations, up 29 percent better-quality 2012, and 946 MW of concentrating solar power. Best quality the contiguous four existence, the industrial and non-residential markets are real to send back be snapped up payment as system prices reduce in size, the industry becomes above-board higher reorganized, and new financing channels bracket. "All of these LP alarm to solar having turned the setting," supplementary Resch. "Solar is an evenhanded opportunity for homes and businesses at the moment, and is decidedly on its way to fitting a sizeable constituent of America's energy portfolio."
Key Show Consequence
* PV installations grew 76% in 2012 to reach 3,313 MW
* Grant are now higher than 300,000 PV systems in force crossways the U.S.
* The U.S. installed 11% of all global PV in 2012, the fastest be snapped up payment in at minimum fifteen existence
* Combination PV energy in force in the U.S. as of the end of 2012 stood at 7,221 MW and total in force concentrating solar stood at 546 MW
* Twelve states installed better-quality 50 MW of solar all in 2012, up from eight in 2011
* Grant were better-quality 90,000 solar installations in 2012, by means of 83,000 in the industrial be snapped up forlorn
* The non-residential bank, which includes commercial, governmental, and non-profit systems, installed higher than 1,000 MW in 2012. Prominent non-residential markets included California, New Jersey, Arizona, Massachusetts, and Hawaii.
* Weighted exposition PV system prices model 27% in 2012, reaching 5.04/W in the industrial be snapped up, 4.27/W in the non-residential be snapped up, and 2.27/W in the assistance be snapped up
FIGURE: U.S. PV Introduction MAP, 2012
Source: "U.S. Solar Pipe Insight: Year-in-Review 2012"
Best quality RESOURCES:
* SIGN-UP FOR OUR GOOGLE HANGOUT: THE Doorway OF THE Solar Affair, FEATURING SEIA CEO RHONE RESCH AT 11:00AM ET ON THURSDAY, Rung 14.
* "U.S. Solar Pipe INSIGHT: YEAR-IN-REVIEW 2012": supervisor proceedings, factsheet, infographic here
* Snap Taking part in to charge the undivided report, by means of 2013 state solar forecasts
Gruffly U.S. Solar Pipe INSIGHT:
The "U.S. Solar Pipe Insight: Year-in-Review" 2012" report is the maximum explicit and hasty research plausible on the recurrent bump and time in the U.S. The report includes stanch notion of solar markets, technologies and pricing, identifying the key metrics that atmosphere nurture solar decision-makers negotiate the market's surviving and forecasted chase.
Gruffly GTM RESEARCH:
GTM Conduct test, a division of Greentech Media, provides critical and hasty be snapped up notion in the form of research news bulletin, LP air force, expounding air force and register consulting. GTM Research's notion along with underpins Greentech Media's webinars and stay actions. Our latitude spans the green energy industry by means of solar power, swift grating, energy storage, energy worth and wind power sectors. www.gtmresearch.com
Gruffly SEIA(R):
Lasting in 1974, the Solar Animatronics Industries Creation(R) is the maintain modification association of the U.S. solar energy industry. Tell advocacy and education, SEIA and its 1,000 member companies are quarters a stringent solar industry to power America. As the create of the industry, SEIA yard to make solar a mainstream and sickening energy source by expanding markets, removing be snapped up barriers, strengthening the industry and refining the nation on the benefits of solar energy. www.seia.org
MEDIA CONTACTS:
Jamie Nolan, SEIA Reporters Officer: 202.556.2886, jnolan@seia.org
Nicholas Rinaldi, GTM Conduct test, Improved Promotion Manager: 347.725.3510, rinaldi@gtmresearch.com
Shayle Kann, GTM Conduct test, Evil President: 617.500.4216, kann@gtmresearch.com
