SOLAR STILL BOOMING IN Q3

Solar Market Insight 2013 Q3

December 9, 2013 (Solar Energy Industries Association)

“The U.S. installed 930 megawatts (MW) of photovoltaics (PV) in Q3 2013, up 20 percent over Q2 2013 and 35 percent over Q3 2012…the second largest quarter in the history of the U.S. solar market and the largest quarter ever for residential PV installations…[T]he utility solar sector represented more than half of new PV capacity installed…[T]he residential market…posted the segment’s largest quarter in history with 186 MW installed…The non-residential sector…[has been flat but is expected to resume] growth in 2014…Blended average PV system prices fell 4.2% in Q3 2013 compared to the previous quarter, reaching a new low of $3.00/W…[The forecast is] 4.3 GW of new PV in 2013, up 27% over 2012…The wave of concentrating solar power installations slated for completion at the end of this year kicked off [in October] with the 280 MWac Solana project…” click here for more

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