How the solar industry is flourishing

Aug 10
09:44

2015

omnikshan

omnikshan

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Ironically, despite this explosive growth in the solar industry, and there are more people to solar panels on the roof, solar companies increasingly finalized. Their profits are squeezed, they are not making much money.

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Bring solar energy as the representative of the first quarter of 2015,How the solar industry is flourishing Articles all new generating capacity on-line up to 51%, even more than natural gas. Residential solar led the way, with 76% growth in the first quarter of 2014, 437 MW of photovoltaic residential facility, which is a 11 percent jump in the last quarter, the segment's previous high-water mark. US installed 1306 MW of solar PV in the first quarter of 2015, marking its increase in PV installations over one gigawatt sixth consecutive quarter in the United States.     In fact, the industry as a whole is expected to realize in 2015, another non-residential market in the first quarter of this year to install 225 MW, with five of the six largest non-residential market growing state in the first quarter of 2014. The largest share continued to be carried out of the market, install 644 MW utility segment represented 49% of new PV capacity in the first quarter of 2015 brought on line although this is due to the minimum quarterly segment in 2013, practical PV installations now has more than 500 megawatts, eight consecutive quarters.     One of the solar industry is the growth of the fastest growing industries in the United States, solar business in the end how much of the growth in the United States? Ironically, despite this explosive growth in the solar industry, and there are more people to solar panels on the roof, solar companies increasingly finalized. Their profits are squeezed, they are not making much money.     Even the leading solar companies all the way down, like Suntech, which is down 70 percent so far this year, and Artes, down 71%. Consider yourself lucky or prescient, if you invest Kyocera, you just drop by 12% this year.     Any market would like to see a stable legal environment. So the good news is that the US Congress had the foresight of the investment tax credit was extended to 2016. This is good news. The bad news is that local and national incentives to go as soon as possible when the nightingale. 1603 Ministry of Finance approved the program set to expire at the end of the year, although there is a proposal to extend it. Line today or tomorrow rewards are gone. Unlike most rebates and grants, you either everything or not, the only exception being SRECS, solar renewable energy credits.     Despite the bad news, consumers are happy, because although its leg solar energy companies are in the owner's desire to decrease their home solar panel prices has been swift and sharp. In this year alone, the average cost of a solar cell module has tumbled more than 30 percent, the same as the overall cost of a home solar panel system has been all the way down.     As we can not even dream about a year ago it is now commonplace. Our price discount solar panels may have fallen in SolarTown, even by the more than 30 percent, is now the most expensive solar cell module can sell to our customers at least $ 1.5 / watt, it has been an amazing few months, in Stay tuned for the sequel to the solar industry in the coming months.