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Solar energy is poised for yet another record year
Key Excerpts from Article on Website of Washington Post
Posted: September 20th, 2015
http://www.washingtonpost.com/news/energy-environment/wp/201...
The U.S. solar industry is on course for a new growth record in 2015, according to a new report that finds that solar photovoltaic installations now exceed 20 gigawatts in capacity and could surpass an unprecedented 7 gigawatts this year alone across all segments. A gigawatt is equivalent to 1 billion watts and can power some 164,000 homes. Its setting records every quarter, says Shayle Kann, senior vice president of GTM Research and lead author of the [report's] residential segment. The report comes just weeks after President Obama traveled to Las Vegas a particularly fast-paced solar market to sing the industrys praises and cast solar, and particularly distributed solar on rooftops, as an icon of progress and technological innovation. Out of all new electricity installations in the U.S. in the first six months of this year, 40 percent were solar. U.S. solar photovoltaic is at 20 gigawatts of installed capacity now, and may add another 18 gigawatts by the end of next year. The new report also looks towards a tiny market at present that nonetheless contains great potential solar-plus-storage, in which solar installations are combined directly with batteries in order to preserve energy culled from the sun for use at times of convenience or greater demand. It finds that while only 4 megawatts of solar-plus-storage were deployed last year, by this year that could increase five fold and by 2020 it could reach 769 megawatts.
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