NewEnergyNews More: SOLAR KEEPS COMING ON

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  • Wednesday, October 2, 2013

    SOLAR KEEPS COMING ON

    Solar Energy Capacity Growth Rivals Wind as Manufacturer Outlook Strengthens

    Jesse Jenkins, October 1, 2013 (The Energy Collective)

    “New solar photovoltaic (PV) capacity may rival or exceed the growth in wind energy for the first time in 2013, as growing demand and continuing industry consolidation begin to brighten prospects for solar manufacturers, industry analysts report…Between 30 and 37 gigawatts (GW) of solar PV capacity will be connected to power grids worldwide…The higher end of that forecast would outstrip projections for 33.8 GW of wind capacity additions this year, marking the first time that solar has gone toe to toe with wind in terms of capacity growth…[Solar is projected to grow 20 percent this year] while wind power growth will slow by 25 percent as markets in the United States and China cool…” click here for more

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