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GTM/SEIA Release U.S. Solar Market Insight for 2nd Quarter 2013

1 min. read

Greentech Media and the Solar Energy Industries Association (SEIA) both do consistently great work. Now, they're out with their latest example: the U.S. Solar Market Insight Report for 2Q13.  Here are a few highlights from the report's Executive Summary.

  • PV installations totaled 832 megawatts (MW) in the 2nd quarter of 2013 (2Q13), up 15% from the first quarter of the year.
  • U.S. operating PV capacity now stands at 8,858 MW
  • During 2013, over 100,000 individual solar systems will be installed, with cumulative PV capacity surpassing 10 gigawatts (GW).
  • Three "key developments that present risks for the market moving forward" include: 1) battles over net energy metering and rate design; 2) "tepid growth" in non-residential PV; and 3) a "reduction in utility solar procurement."
  • On that last point, GTM and SEIA write that the question is "when utilities will begin to consider centralized solar a viable, economic source of generation. Some developers argue this transition has already begun, while others anticipate a slow ramp over the course of a decade or more."
  • Although there weren't any Concentrating Solar Power (CSP) installations in 2Q13, SEIA and GTM "maintain bullish expectations for 2013, with over 900 MWac slated to come on-line by the end of this year."
  • A significant share of CSP growth will be BrightSource Energy’s 392 MWac Ivanpah CSP project, which my Tigercomm colleague Mark Sokolove had the chance to tour back in June.

These are exciting times in the solar power industry, and we're glad that GTM and SEIA are on top of all the latest developments!