Why Solar Power is Breaking Records in the US

Written by on September 12, 2015 in Eco-Friendly, Environment with 6 Comments

Lorraine Chow | EcoWatch

solar cells

When it comes to the country’s energy future, the path is looking very bright—especially on rooftops across the U.S. American homes are going solar at rates higher than ever before, according to a new industry report.

GTM Research and Solar Energy Industries Association (or SEIA, the national trade organization for America’s solar energy industry) released its Q2 2015 report showing that the country has exceeded 20 gigawatts of solar electric capacity in the first half of 2015—enough power for 4.6 million homes.

This could make 2015 on track for another banner year. So while 2014 already smashed records, it looks like 2015 is poised for even better growth.

“The second half of the year should be significantly larger than the first in terms of new deployments,” the report said. “We anticipate a bevy of utility-scale project completions, combined with a continued ramp in the residential market and a commercial solar resurgence in select states to bolster installations through the rest of the year.

Related Article: How You Can Go Solar Without Owning A Panel (Or Share Yours & Get FREE Power)

While the largest slice of the market comes from utility scale solar projects, residential solar installations especially stood out in the report. With a record 473 megawatts installed, the segment has grown 70 percent year-over-year.

As the Washington Post noted, the current report is projecting a total of 7.7 gigawatts solar photovoltaic installations this year, far surpassing last year’s 6.2 gigawatts.

“The demand for solar energy is now higher than ever, and this report spells out how crucial it is for America to maintain smart, effective, forward-looking public policies, like the ITC [theSolar Investment Tax Credit], beyond 2016,” said Rhone Resch, SEIA president and CEO.

“At over 20 gigawatts of installed solar electric capacity, we now have enough solar in the U.S. to power 4.6 million homes, reducing harmful carbon emissions by more than 25 million metric tons a year,” he continued. “Since the ITC was passed in 2006, U.S. solar growth has exploded and more than 150,000 American solar jobs have been created. By any measurement, that’s a success for both our economy and environment.”

Related Article: Solar and Wind Power Now Fully Competitive with Fossil Fuels: Time to Switch Over?

While the non-residential market (which means neither rooftop nor utility-scale installations) finished the quarter down 33 percent from the same period last year, GTM Research suggestedthat community solar (which allows multiple people to subscribe to one solar energy project), as well as “improving market dynamics in several states” and financial innovation could improve numbers in this segment by the second half of 2015 and beyond.


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6 Reader Comments

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  1. 10156087485415037@facebook.com' Carl Murray says:

    euh… easy thing. because it’s the right thing to do! as long as one can afford it of course

  2. 970872582971339@facebook.com' Judy Jones says:

    except when birds fly over them and burn their wings off

  3. 10153032010766198@facebook.com' Elaine Osman says:

    Hopefully it will keep increasing substantially…

  4. 1496892187300533@facebook.com' Beverly Clark says:

    I still think with the various studies currently… we’ll have more advancements in options

  5. 1253352761357639@facebook.com' Angela Simatovich Pabst says:

    I would love to get off the traditional grid!

  6. 696903103777400@facebook.com' Grace Ramoso says:

    I also will have that in my house because electric cable are not safe in the place where our house is.the people who wants to use electricity but would not want to pay bills inject their to whom are not like them until the wire itself will complain and be burned.then the wiring itself are not safe because robbers cut the lines so they can sell the copper because they do not have conscience for the people they ae causing troubles.besides people can see what these lawbreakers are doing but are just onlookers.meaning they silently perpetuate the acts of criminality because they too are heartless.this is the society of people without concerns for others but often cry for help,for help that others must help them,who mostly do not do anything better to help themselves.

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