The Solar Energy Industries Association reports on the solar photovoltaic market, including residential and solar water perspectives. Venture capital continues to invest in the solar industry. And, the installed solar capacity is growing. …
… “A doubling in size of the residential PV market and three new CSP plants helped lift the U.S. solar electric market 37 percent in annual installations over 2008 from 351 MW in 2008 to 481 MW in 2009. Solar water heating (SWH) installations managed 10 percent year-over-year growth, while the solar pool heating (SPH) market suffered along with the broader construction industry, dropping 10 percent. ” …
Via Solar Energy Industries Association: US Solar Industry, Year in Review (PDF)
The American Recovery and Reinvestment Act of 2009 is just starting to impact solar growth and that channel of investment should begin to accelerate, as capacity comes onstream.
Tax credits are being targeted to create domestic solar manufacturing jobs.
The solar industry value chain is estimated to have grown to approximately 46,000 jobs in the U.S.
California, New Jersey, and Nevada lead in cumulative solar capacity, while Florida and Arizona are accelerating their solar installations.