US Solar Growth Continues: 1.3 Gigawatts of PV Installed in Q3 0

Q3 2014 solar growth

Q3 2014 solar growthThis U.S. solar market continued its strong growth in Q3, installing 1,354 megawatts* of solar photovoltaics in Q3 2014, up 41 percent over the same period last year.

The numbers come from the latest edition of GTM Research and the Solar Energy Industries Association’s (SEIA) U.S. Solar Market Insight Report, released today. According to the report, Q3 was the nation’s second largest quarter ever for PV installations and brings the country’s cumulative solar PV capacity to 16.1 gigawatts, with another 1.4 gigawatts of concentrating solar power (CSP) capacity.

Solar is proving to be an important and growing source of new generating capacity for the United States. Through the first three quarters of the year, solar represents 36 percent of new capacity to come on-line, up from 29 percent in 2013 and 9.6 percent in 2012.

 

Previous ArticleNext Article