The United States
experienced record growth in solar installations in 2012.
A total of 3,313
megawatts of capacity was added in the United States last year, bringing
the national solar photovoltaics total to 7,221 megawatts. That's a 76 percent
increase compared with 2011.
More
new solar systems were installed in 2012 than in the three prior years combined.
There were 16 million solar panels installed in the U.S.
last year -- more than two panels per second of the work day -- and every one
of these panels was bolted down by a member of the U.S. workforce. The report
forecasts 4,300 megawatts of new PV installations for 2013, an increase of 29
percent over 2012.
Most
credited supportive government policies for helping to spur the growth and
called for longer-term policies to provide certainty to the solar sector. You
need the same certainty that has been provided to the oil, natural gas, coal
and nuclear industries.
The
market value of solar installations reached $11.5 billion in 2012, from $3.6
billion in 2009.
Amidst this boom, the solar
industry faced newly imposed import tariffs on Chinese solar cells and ongoing
consolidation in the manufacturing space. Last year, the U.S. International
Trade Commission imposed a 36 percent tariff on Chinese solar cell
manufacturers, for dumping cheap products on the U.S. market. These tariffs did have
the desired effect of barring Chinese cells from entering the U.S. market.
Average
costs for residential systems dropped nearly 20 percent in one year, from $6.16
per watt in 2011 to $5.04 per watt in 2012.
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