NewEnergyNews: SOLAR MARKET TRENDS

NewEnergyNews

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YESTERDAY

  • ORIGINAL REPORTING: THE STATE OF THE U.S. WIND INDUSTRY (AND WHAT IT MEANS FOR UTILITIES)
  • ORIGINAL REPORTING: HOW SACRAMENTO'S PUBLIC UTILITY IS GETTING IN THE RESIDENTIAL SOLAR BUSINESS
  • THE DAY BEFORE

  • ORIGINAL REPORTING: HAS APS INVENTED A ROOFTOP SOLAR BUSINESS MODEL FOR UTILITIES?
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    THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: HOW SHOULD UTILITIES VALUE SOLAR?
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  • Weekend Video: Reindeer Stresses
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  • ORIGINAL REPORTING: ARE NATURAL GAS AND RENEWABLES THE FUTURE OF TEXAS' POWER GRID?
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  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: CAN GEOTHERMAL REPLACE FOSSIL FUELS IN THE WEST?
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    Anne B. Butterfield of Daily Camera and Huffington Post, is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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  • Thursday, August 23, 2012

    SOLAR MARKET TRENDS

    IREC Releases Its Solar Market Trends Report for 2011; PV capacity for installations doubled in 2011 compared to 2010

    August 15, 2012 (Interstate Renewable Energy Council)

    “…Falling photovoltaic prices, strong consumer demand, and financial incentives from the federal government, states and utilities meant that twice as much photovoltaic solar was installed in 2011, as was installed in 2010…[according to 2011 Solar Market Trends Report from the Interstate Renewable Energy Council (IREC)]… It covers solar technologies that produce electricity, including photovoltaics (PV) and concentrating solar power (CSP).

    “…More than 1.8 GWDC of photovoltaic installations were completed in 2011 at 64,000 sites…Growth of the total installed capacity of utility and non-residential systems was dramatic, growing by 145% and 132% respectively, compared with 2010. State renewable portfolio requirements are an important reason for the large growth in the utility sector…[R]esidential installations grew by 24% on a capacity basis, a much slower, while still healthy, rate…”

    “…While California remains the largest U.S. market, with about 29% of the U.S. capacity installed in 2011, the amount of PV capacity installed in Arizona, California, Hawaii, New Jersey, New Mexico and New York in 2011 was at least double the capacity installed in each state in 2010…Many large solar projects began construction in 2011 in order to take advantage of the 1603 Treasury Grant Program. Most of these installations, both distributed and utility-sector projects, will be completed in 2012 through 2016…

    “Prices for PV installations fell in 2011, and all indicators point to a continued decline in 2012. Lower PV prices raise the potential for installations in states without state or local incentives. The number of states with strong solar markets is increasing, although…installations in 2012 will continue to be concentrated in states with strong solar policies…Early indicators point to continued market growth in 2012 due to the federal solar investment tax credit (ITC), state renewable portfolio standards, and completion of installations [and large solar electric PV and CSP projects] begun by the end of 2011 in order to participate in the 1603 Treasury Grant Program…Some of these projects are under construction and will come on-line between 2012 and 2016…”

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