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Archive for the ‘ solar installation ’ Category



  US Solar Market Grows Despite Difficult Economic Conditions
Tuesday, July 27th, 2010

 

Despite the global economic downturn, the solar market in the United States grew by 36% in 2009. To date, the United States is the third largest photovoltaic market in the world (behind #1 Germany and #2 Spain). 

The solar market is undergoing constant changes. Also the idea of photovoltaics has been around for over a century, only recently has it become mainstream. In 2009, changes include new companies entering the market, lower-cost panels, and changes in incentives and regulation. Solar companies need to be on top of these changes in order to remain competitive.

California leads the United States in solar installations. It has 53% stake of photovoltaic output. Most of the growth in 2009 came from utility and residential solar installations. Price cuts with minimal declines in incentives provided incentives to homeowners to install solar. In addition, new programs, such as the Pennsylvania Sunshine Solar Program, provided incentive for new companies to enter the solar playing field.

With so many states offering incentives to install solar, the United States is able to keep funding sources relatively disperse. This means that the United States solar market does not have the same risk as the national policies of Germany or Spain.

In addition, 16 states have enacted a Renewable Portfolio Standard. The Renewable Portfolio Standard gives the source of electricity production and requires a set amount of electricity production from renewable sources. Part of this standard is solar electricity production. 

In the next 5 years, the solar market is projected to grow to 4.5-5.5 gigaWatts. One gigaWatt is enough electricity for 70,000 homes. This is 10 times the size of the current solar market. With market growth like this, it is extremely tempting to enter the lucrative (and growing) solar market. 

Wanting to enter the solar market but do not know how? Contact Rich Hessler Solar (949) 208-0221 for ideas on how to enter the solar market.

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  Solar Industry Projections
Tuesday, July 13th, 2010

 

Solar Industry Projections


What are the solar industry projections for the great solar boom in the climate-energy era? As the country begins climbing out of recession, it is going to require increasing public acceptance of solar energy to get the economic engine fired up.

Solar industry projections provide that the uneven supply and demand ratio characteristic of 2009 will be balanced out this year due to strong demand in the Asian and U.S. markets.  These markets will help increase the global solar usage to 9.3 GW in 2010.  This would translate into a market value of U.S. $39 billion.

Decreasing prices in solar equipment and materials should open up new markets allowing for the industry to reach a United States $77 billion value with 26.4 GW of capacity in 2015.

A huge role in the growth of the solar market will be the demand for solar technology in China.  Currently, China is the largest single manufacturer of solar products in the world but not a huge buyer of them.  China will have to deploy solar technology as they have a significant impact on global warming and the energy crisis.  According to most solar industry projections, China will be the largest solar market in the world in 2015.

Supply and demand will only be restored to its equilibrium once the market experiences some company failures and lowered utility rates.

Ted Sullivan, senior analyst at Lux Research and author of the new report "Solar's Shakeout: Europe Loses Leadership as China Rises", cites that solar installations will rise at an annual rate of 23% between 2010 and 2015.  Yet, revenue will only grow annually by 14% due to falling solar equipment prices.

With the projection of 26.5 GW of solar deployed in the United States in 5 years (currently just over 1 GW), there is plenty of room for expansion in the solar industry. As energy prices rise in the future, demand for solar will increase dramatically, creating jobs increasing revenue of strong solar companies.

Searching for an way into the solar industry? We can help!

We have consultants standing by to help you decide where you fit in solar.

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Posted in energy crisis, solar demand, solar growth, solar industry, solar installation, solar market, solar project, solar projection, solar supply, solar technology | Comments Off


  Florida Attempting to Save Solar Rebate Program
Wednesday, May 12th, 2010

 

Florida Attempting to Save Solar Rebate Program

The recent oil spill in the Gulf of Mexico has awakened America to re-examine renewable energy. One state, Florida, has a solar rebate program in trouble. 

The Florida solar rebate program was established in 2007. It provides homeowners $10,000 for photovoltaic solar installations and $500 for solar hot-water systems. Unfortunately, Florida state Legislature did not fund the program. Florida received $14.4 million in federal stimulus, but most of the funds went directly to solar rebates. This money was quickly used by applicants from the previous year.

Governor Charlie Crist requested $10 million for the program in 2010-2011. So far, Florida has provided no funds.

Currently, there are nearly 10,000 applicants waiting for $25 million in rebates. The program is set to expire at the end of June unless the Legislature reauthorizes its continuation.

Governor Crist said a special session is needed to consider banning oil drilling and investing money in renewable energy. 

http://wdbo.com/blogging/mt-tb.cgi/72984

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Posted in Florida Legistlature, Governor Crist, florida solar rebate program, solar hot-water systems, solar installation, solar installations, solar program, solar rebate, solar rebates | Comments Off



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