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ARTICLE · 05 OCTOBER 2012

U.S. Solar Industry Posts Strong Results In Second Quarter 2012

According to a report published by the Solar Energy Industries Association on September 10, 2012, the U.S. solar industry saw its second-best quarter in history for photovoltaic (PV) sales.

United StatesEnergy and Natural Resources

According to a report published by the Solar Energy Industries Association on September 10, 2012 (http://www.seia.org/research-resources/us-solar-market-insight), the U.S. solar industry saw its second-best quarter in history for photovoltaic (PV) sales. Utility-scale projects led, with a record-setting 447 megawatts (MW) of solar power installed in the second quarter of 2012. Eight states had projects of 10 MW or greater: Arizona, California, Illinois, Nevada, New Jersey, New Mexico, North Carolina, and Texas.

Overall sales were 742 MW, a 45% increase over the first quarter of 2012 and a 116% increase compared to the second quarter of 2011. The report noted flat growth in the residential sector and a decline in the nonresidential (smaller scale) market, as well as little growth in European markets. The report forecasts that for the full year 2012, 3.2 gigawatts of PV will be installed, a 71% increase over 2011. The Executive Summary of the report is available at no

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