Solar Energy Industries Association News Release
BOSTON, Mass. and WASHINGTON, D.C. – Showing resiliency in spite of the new tariffs on imported modules, the U.S. solar market added 2.5 gigawatts of solar PV in the first quarter of the year, representing annual growth of 13 percent, according to the latest U.S. Solar Market Insight Report from GTM Research and the Solar Energy Industries Association (SEIA).
Solar PV accounted for 55 percent of all U.S. electricity capacity added during the quarter and added more than two gigawatts for the 10th straight quarter, the study said. Read the rest of the release here.
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- Large-scale solar stays strong in Q1 2018 (w/chart), PV Magazine
Thanks in no small part to modules stockpiled before the Section 201 tariffs hit, both the utility-scale and “non-residential” market segments grew year-over-year in Q1. And while the duties are expected to play a greater role in 2019, there are other factors supporting ongoing market growth.
- Solar Surpasses Gas and Wind as Biggest Source of New U.S. Power, Bloomberg
The growth came even as tariffs on imported panels threatened to increase costs for developers. Giant fields of solar panels led the growth as community solar projects owned by homeowners and businesses took off. Total installations this year are expected to be 10.8 gigawatts, or about the same as last year, according to GTM. By 2023, annual installations should reach more than 14 gigawatts. “Solar has become a common-sense option for much of the U.S., and is too strong to be set back for long, even in light of the tariffs,” SEIA Chief Executive Officer Abigail Ross Hopper said in a statement.
- China may have plunged the U.S. solar market into prosperity, PV Magazine Op-Ed
- Silfab considering U.S. solar factory, PV Magazine
Italo-Canadian module manufacturer, Silfab Solar, announced today that it has secured a supply contract with PetersenDean, which bills itself as the largest privately-owned roofing and solar company in the United States. In the brief press release, Silfab also hinted at much bigger news. The company states that it is “exploring U.S. manufacturing opportunities and location”.
- Vivint closes on the largest solar securitization to date, PV Magazine
The $466 million deal and a $345 million private placement together comprise an $811 million refinancing for the residential solar company.
- Arizona PPA Boasts Lowest Solar Prices in US, Energy Manager Today
The post also discusses Facebook and Adobe’s PPAs for the sale of energy produced by Enel’s 320 MW Rattlesnake Creek wind farm in Nebraska.
- Texas Could See $100 Million In Solar Investments, Texas Public Radio
- Op-Ed: State universities should be clean energy leaders, Traverse City Record-Eagle