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U.S. Solar Installations Top 10GW

In the past, we’ve addressed the fact that solar energy has been booming more and more across the country. Now it seems that as a whole, the United States has reached new highs as the NPD Solarbuzz North America PV Market Quarterly report states that more than 1.8GW of new solar PV capacity was installed in the country during the first half of 2013 alone. This makes for a new record, as the U.S. has managed to top the 10GW barrier over the last three years.

This breakthrough has been a long time coming, as the use of solar energy has been growing rapidly for the past six years. The rate at which this particular type of alternative energy has been catching on across the country has increased by more than 50 percent since 2007 and it is predicted that solar panel installation will increase even more over the next year and a half. In fact, the U.S. solar capacity is shaping up to surpass 17GW as 2014 comes to a close.Solar Installations in Texas

The great thing about this is that utilizing solar energy has become much more plausible for those of us in the United States. Two years ago, the average price for installation of a solar system was about $6/watt to the current $4.25/watt for home installations and $3/watt for larger utility-scale projects.

Since 2010, 83 percent of the 10GW of solar PV capacity was completed over the past 14 quarters alone. Nearly 40 percent of that has been utilized within the state of California, which our readers could have guessed based on previous posts stating that California was making particularly large strides as the number one state for solar energy.

As the future looks bright for the United States and the use of solar energy, the NPD Solarbuzz North America PV Conference, which will be held in San Jose, California on August 7, 2013, will provide us with further details on the 10GW of U.S. solar PV capacity and its complete breakdown.

(Source: Solar Novus Today)