US Solar Market Insight Report 2013 Q2

Key Findings in the Solar Market Insight Report 2013

Photovoltaics (PV and CPV)

  • Photovoltaic (PV) installations totaled 832 MW in Q2 2013, up 15% over Q1 2013
  • Cumulative operating PV capacity in the U.S. now stands at 8,858 MW
  • The residential market was flat quarter-over-quarter in Q2, breaking its streak of incremental quarterly growth
  • The non-residential market was down in Q2, continuing a relatively light year for the segment
  • The utility segment completed 38 projects totaling 452 MW; currently, there are an additional 4.1 GW of utility PV under construction
  • We anticipate that 4.4 GW of PV will be installed in 2013, up 30% over 2012
  • The average residential PV system prices fell to $4.81/W, while the average non-residential system price dropped to $3.71/W

Concentrating Solar Power (CSP)

  • Despite zero CSP installations in Q2 2013, we maintain bullish expectations for 2013 with over 900 MWac slated to come on-line by the end of this year
  • BrightSource Energy’s 392 MWac Ivanpah CSP project is on schedule to deliver electricity to the grid in late 2013

 

Read the report here.

 

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