30 Jun '14, 3pm

U.S. Residential Solar PV Installations Exceeded Commercial for First Time in Q12014: Driven by strong year-ov...

Driven by strong year-over-year growth in the utility and residential markets, the United States installed 1,330 megawatts of solar photovoltaics (PV) in the first quarter of 2014. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q1 2014 U.S. Solar Market Insight Report , the U.S. installed 232 megawatts of residential PV, exceeding the nonresidential (commercial) market’s 225 megawatts for the first time in the history of the report. Ongoing strength in the residential sector and volatility in the nonresidential market spurred this historic milestone. Despite the dip in nonresidential installations, GTM Research and SEIA expect the market to rebound and exceed the residential market in 2014 annual PV installations. In another significant development, Q1 2014 was the largest quarter ever for concentrating solar power (CSP) due to the completio...

Full article: http://www.edcmag.com/articles/95718-us-residential-solar...

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