SEIA and GTM Research released the U.S. Solar Market Insight: Q3 2011 on Wednesday, December 14 showing a record quarter for solar installations. The U.S. solar industry installed 449 MW of capacity in Q3 2011, surpassing the previous record set in Q4 2010 and more than all capacity installed in 2009. Through the first three quarters of this year alone, over 1,000 MW of PV was installed, marking the first time the U.S. has added over 1 GW of solar capacity in a single year.
While overall installations are up, some market segments and states did better than others and the year has been difficult for manufacturers. Utility installations soared and residential began a comeback but commercial installations dropped significantly as demand faltered in California, New Jersey and Pennsylvania. Going forward, there are many questions facing the solar industry including the outcome of efforts to extend the Section 1603 Treasury program and the trade dispute between the U.S. and China.
Join SEIA and GTM Research for this free webinar as they review the findings of the Q3 report and answer questions about this exciting, rapidly changing industry.
Justin Baca, Senior Research Manager, SEIA
Shayle Kann, Managing Director of Solar, GTM Research