Solar installations in U.S. double to 878MW in 2010: doubling again this year

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

According to the latest report from SEIA and GTM Research, photovoltaic installations in the U.S. reached 878MW in 2010, more than double those from the previous year. The total market value of installations increased 67% from US$3.6 billion in 2009 to US$6.0 billion in 2010, according to the report, entitled ‘U.S. Solar Market Insight: Year-in-Review 2010.’

“The U.S. PV market saw a breakthrough in 2010 and is emerging as a global demand center for both suppliers and project developers,” noted Shayle Kann, managing director of Solar at GTM Research.

“This report shows that solar energy is now one of the fastest growing industries in the United States, creating new opportunities for both large and small businesses. Every day, Americans across the country are going to work at well-paying, stable jobs at solar companies, from small installers all the way up to Fortune 500 companies,” commented Rhone Resch, SEIA president and CEO.

“This remarkable growth puts the solar industry's goal of powering 2 million homes annually by 2015 within reach. Achieving such amazing growth during the economic downturn shows that smart polices combined with American ingenuity adds up to a great return on investment for the public. The bottom line is that the solar energy industry is creating tens of thousands of new American jobs each year.”

The report noted that the significant growth in PV installations was driven by government policies, in particular the Federal section 1603 Treasury program.

Utility-scale projects

Throughout the year, utility-scale projects were a key factor in the growth coupled to the expansion of new state markets and declining technology costs, despite the complexities of state-by-state regulation differences as well as different incentives, large number of utilities, and financing structures to enable utility-scale projects to be built.

Utility-based PV installations more than tripled in 2010 to reach 242MW, up from 70 MW in 2009, according to the report.

In 2011, the report noted that over 700MW of utility PV had already been contracted with expected 2011 completion dates.

In total, 52,600 PV systems were connected in 2010, bringing the cumulative number of grid-connected PV systems in the U.S. to 152,516.

State by state

The report also noted that cumulative installed PV capacity in the U.S. had now reached 2.1GW. Sixteen different states had installed more than 10MW of PV in 2010, up from only four states in 2007.

Major installations were seen in five states (Arizona, California, Colorado, Nevada and New Jersey), which all installed over 50MW each.

The state of New Jersey was picked out for becoming the second state to install over 100MW in a single year. This meant that California’s market share fell to less than 30% in 2010. In 2004-2005, California comprised around 80% of the U.S. PV market, the report noted.

Domestic production

Despite growing competition from overseas PV manufacturers, the report said that U.S.-based PV components increased by 97%, cell production by 81% and module production by 62%.

Global comparisons

Ironically, due to the significant growth of PV installations on a global basis, the U.S. market share actually declined, despite installations doubling. The report projected that global installations had topped 17GW in 2010, which meant the U.S. share fell from 6.5% in 2009 to 5%.

However, this year, the U.S. is expected to gain share as installations in the country are projected to double again, while the global market slows down.

1 December 2021
Join over 500 attendees at this virtual conference on 1-2 December 2021 for expert presentations covering PV Module Technology, Supply & Site Optimisation for Utility-Scale. Delegates can access streamed presentations, session recordings and chat/messaging tools to connect with fellow delegates and speakers. Speakers include leading developers, manufacturers, testing and research institutes, including: NREL, Silicon Ranch, Sonnedix, Heliene, Powertis, LONGi Solar, JinkoSolar, PVEL, Risen Energy, Seraphim, STS, Trina Solar, Eternalsun Spire, QEERI, Fraunhofer, Estuary Capital Partners, VDE, First Solar, Longroad Energy, Powertis and DNV Energy Systems
2 December 2021
Intersolar is the world’s leading exhibition & conference series for the solar industry. As part of this event series, Intersolar India in Mumbai is India’s most pioneering exhibition and conference for India’s solar industry. It takes place annually and has a focus on the areas of photovoltaics, PV production and solar thermal technologies. Since 2019, Intersolar India is held under the umbrella of The smarter E India – India’s innovation hub for the new energy world.
9 December 2021
The Smart Energy Council is hosting Australia’s second Virtual Smart Energy Conference and Exhibition on Thursday, 9 December 2021. This event will show that the industry powers on despite COVID-19 and we are standing together undeterred in spirit. Bringing our global community together using the latest technology.
13 January 2022
Intersolar North America and Energy Storage North America “Come Together” for the first time in Long Beach, CA—connecting installers, developers, utilities, technology providers, policy makers, and key stakeholders from around the world to advance the clean energy future. With best-in-class conference programming, integrated exhibits and pavilions, and the live Solar Games installer competition, #isnaesna21 will showcase the industry trends, innovative solutions, and emerging talent transforming the solar, energy storage, and e-mobility markets. Register today to redeem our exclusive offer for PV Tech readers—free expo hall or 20% off full conference pass.
1 February 2022
As Solar Finance & Investment enters its ninth year, we sit on the cusp of a new power market with solar at its heart. The 2022 edition of the event will build on our years of expertise and relationships to bring investors and lenders together with top developers. Connect with leaders in the field and use exclusive insights to drive investment and development decisions for the future. Meet new and existing project partners at the largest gathering of European solar investors and lenders.
23 February 2022
Held annually since 2016, the Energy Storage Summit Europe is the place to be for senior stakeholders in the European storage industry. Designed to accelerate deployment of storage, we examine evolving chemistries, business models, project design, revenue stacks and use cases for storage. The 2022 edition will include exclusive content around longer duration solutions, energy strategies for wide-scale deployment of EVs and "EnTech", the event which sits at the intersection of digitisation, decentralisation and decarbonation of the power system. Come to meet TSOs, DSOs, Utilities, Developers, Investors and Lenders and leave with new contacts, partners and a wealth of information.

Read Next

PV Tech Premium
November 30, 2021
Array Technologies reveals to PV Tech Premium the core motivations behind its US$652m deal to acquire STI Norland, creating what it says is the world’s biggest tracker company, from stronger supply chains to an ability to target more international markets
November 30, 2021
Electrical equipment group Schneider Electric and energy major bp are collaborating to help high emission companies achieve their decarbonisation targets.
November 30, 2021
JinkoSolar has slashed its shipments guidance for the year, reducing its top end guidance by more than 5GW as it blamed ongoing logistics issues and port blockages.
November 30, 2021
Solar EPC company iSun is investing in US commercial PV project developer Encore Renewable Energy as part of efforts to accelerate its geographic expansion.
November 30, 2021
The CEO of Hevel Group, Igor Shakhray, will leave the company to become CEO of Unigreen Energy, a silicon wafer and cell manufacturer, which is owned by Hevel majority shareholder Ream Management LLC
November 30, 2021
South Korean LG Electronics has announced a series of new appointments as it aims to target greater growth and customer satisfaction moving into 2022, while also elevating certain critical departments to division level in order to supply them with greater resources

Subscribe to Newsletter

Upcoming Events

Solar Media Events
December 1, 2021
Solar Media Events
February 1, 2022
London, UK
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal