Friday, December 17, 2010

Solar industry sees strong growth in 2010

The Solar Energy Industries Assn., a trade group, said Thursday that commercial solar customers in the U.S. reached 103 megawatts of capacity in the third quarter, a 38% jump from the same period in 2009. Overall, more than 27,000 homes and businesses set up solar-power systems. Already in the U.S., the average cost of photovoltaics has fallen 30% to $7.50 a watt in 2009 from $10.80 in 1998, according to a report from the Department of Energy's Lawrence Berkeley National Laboratory. More>