By Michael Puttre | Solar Industry
The 2013 U.S. solar market insight report produced by the Solar Energy Industries Association (SEIA) in partnership with GTM Research, points to the continuing “explosive” growth of the solar sector. The report points out that the U.S. installed 4,751 MW of solar PV in 2013, up 41% over 2012 and nearly 15 times the amount installed in 2008.
It is worth mentioning that there is a clear correlation between the price of solar panels and installed capacity. Amit Ronen, director of the GW Solar Institute, which contributed to The Solar Foundation’s recent report on U.S. solar sector jobs, says the price of solar panels has declined 80% since 2008. No precipitous fall in solar prices; no “record-shattering” jump in installed capacity and solar jobs.
Related: Anatomy of a US Solar Boom: Can the Industry Keep It Going?
If you’d like to discuss energy issues, contact Court Rich, director of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com