Monday, September 10, 2012

US Will Install In The Current Year As Much Solar Power As It Did In Past Decade Due To Cheap Foreign-Made Imported Solar Cell Panels

From The Wall Street Journal, "Sun Peeks Through in Solar: Overseas Suppliers Trounce U.S. Panel Makers but Installations Are Soaring" by Ryan Tracy and Cassandra Sweet:
The solar-power business is expanding quickly in the U.S., helping lift the cloud that has surrounded the industry since the demise of Solyndra LLC a year ago.

Source: The Wall Street Journal

But the growth isn't coming from U.S. solar-panel manufacturing, despite the money and rhetoric devoted to the industry by the Obama administration. Instead, it is in installations of largely foreign-made panels, whose falling price has made solar more competitive with other forms of power.
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The U.S. is on pace to install as much solar power this year as it did in this century's entire first decade: at least 2,500 megawatts, the equivalent of more than two nuclear-power plants. The U.S. added about 742 megawatts of solar capacity in the second quarter, or enough to power about 150,000 homes, the Solar Energy Industries Association said in a report scheduled for release Monday.

1 comment :

  1. I think they should keep installing panels, they're not hurting anyone so I don't understand why they wouldn't. I have been looking at Solar Energy San Francisco and they seem to be installing more and more.

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