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Solar To Be #2 Source Of New Power In 2013

by Zach March 14, 2013
written by Zach March 14, 2013
Solar To Be #2 Source Of New Power In 2013

In an on-air Google Hangout today, Recurrent Energy CEO and Solar Energy Industry Association (SEIA) Chairman Arno Harris noted that more solar power capacity is projected to be installed in 2013 than from any electricity source other than natural gas. And, by 2016, solar energy may actually be the #1 source of new power for at least one year.

That’s pretty astounding. Just a handful of years ago, solar power was tremendously more expensive than other electricity sources (and nearly absent across the U.S.). But, as noted in a SEIA press release about 2012’s solar numbers, and later in the Google Hangout referenced above, the average price of solar systems has dropped 70% in the U.S. since 2000, and the past few years have seen especially steep drops.

Putting some of those points into visuals, here are some charts and graphs regarding recent solar price drops, courtesy of SEIA (click any of the images to enlarge):

installed solar price drops

solar module price drops

And here are some on solar power growth and projected growth in the U.S.:

solar power growth us

solar growth us

GTM ResearchSEIAsolar module pricesUSUS solar module pricesUS solar panel pricesUS solar power growthUS solar power pricesUS solar pricesUS solar system prices
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Zach

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009. Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.

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