SEIA and GTM Research have done a great job in recent years of projecting US solar power growth. They know the industry. In the latest US Solar Market Insight™ report from the two (published today), we have the most up-to-date solar power growth forecast and info on the current solar PV pipeline. I’ll run down those topics quickly here. This follows previous coverage of US solar PV price trends and 3rd quarter installations.
First of all, below is a projection for how much solar will be installed in each state in 2014. Of course, most of the data is in, but this includes an estimate for the 4th quarter.
These next two show new annual solar installation capacity in the US split by residential, non-residential, and utility installation, starting in 2010 and then moving from history into projections for the future up to 2016.
And here’s the actual utility PV pipeline:
A lot of solar power growth is on the horizon!
For more, check out Josh’s more comprehensive US solar installation rundown, SEIA’s full summary, the entire report if it’s in your budget, and my piece on US solar prices and price trends.
