Solar Photovoltaic Up 21 Percent

Wednesday, August 27, 2014 @ 10:08 AM
posted by Admin

The United States installed a total of 1.133GW of solar photovoltaics in the second quarter (calendar) – down 16% on the first quarter, but up 21% year-on-year – the country’s Solar Energy Industries’ Association has found.

The result has the US on track for 6.5GW of PV installs for the year – a 36 per cent increase – with the most recent additions bringing it close to 16GW of installed PV capacity, the study found.

The SEIA report, produced jointly with GTM Research, found 55%, or 623MW, came from utility-scale projects. Cumulative installed capacity of utility-scale solar was merely at 1.8GW in the first half of 2012, but now is now more than 7.3GW.

The remainder of installs for the quarter – 510MW – came from residential and commercial installations. It was the second time that residential and commercial installs were 500MW-plus.

“Across the distributed generation landscape, residential PV resumed its trend of incremental growth, while non-residential PV rebounded after adding fewer installations than the residential market in the last quarter,” SEIA said.

Over 100MW of the residential solar installed in the first half of 2014 was not backed by state subsidies, PV-Tech added.

Meanwhile, the completion of two vast concentrating solar power (CSP) plants made the first quarter of the year CSPs biggest quarter ever, PV-Tech adds. Ivanpah, a 392MW project and the second 125MW phase of another project, Genesis Solar both came online during the period.

Including CSP and PV, the report finds 53% of new electricity generation capacity installed in the first half was solar, the website adds.

 

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