Solar Grows On, With Big Jump By Community Solar
U.S. Solar Market Adds 10.6 GW of PV in 2017, Community Solar Soars
March 15, 2018 (Solar Energy Industries Association)
“…[T]he solar industry installed 10.6 gigawatts (GW) of new PV capacity in 2017, led by strong growth in the corporate and community solar segments...[O]verall growth was down from the 15 GW installed in the record-shattering 2016…[but it was a] 40 percent growth over 2015’s installation…Key findings on 2017 [by the newly released U.S. Solar Market Insight Report 2017 Year-in-Review from GTM Research and the Solar Energy Industries Association (SEIA)] include: …30% of all new electric generating capacity brought online in the U.S. came from solar, ranking second during that period only to natural gas…The residential PV sector fell 16% from 2016…[T]he non-residential sector grew 28% year-over-year, primarily driven by regulatory demand pull-in from looming policy deadlines in California and the Northeast, in addition to the continued build-out of a robust community solar pipeline in Minnesota…Voluntary procurement, rather than state-mandated Renewable Portfolio Standards, will continue to be the primary driver of new utility PV demand, anticipated to drive 1/3 of utility build-out in 2018…” click here for more
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