Utility-scale solar drives record year for US

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

The US is emerging as an increasingly major player in the global solar market at unprecedented scale, according to a new report released yesterday.

GTM Research and the Solar Energy Industries Association (SEIA) jointly released US Solar Market Insight: Year-in-Review 2012.

It found that 3,313MW of PV in 2012, a record for the industry, was installed in 2012, the equivalent of 16m PV panels at rate of two panels installed per second of each work day. That represented a 75% increase in solar growth from 2011.

As of the end of 2012, there were 7,221 MW of PV and 546 MW of concentrating solar power (CSP) online in the US, enough to power 1.2 million homes.

Shayle Khan, vice president at GTM Research, said: “In 2012, the global market slowed down while the US continued to grow impressively. For the first time in recent history US market share of global solar installations jumped to 10%-11%. We're expecting it to continue to grow over the next couple of years we should see 13% or more in 2013.

“The US has always been important, and the US has been a source of innovation from a global standpoint in solar but now the US really is one of the most important solar market in the world. That's a big change.”

Other key findings of the report included the drop in California's dominance from 80% of all national solar installations to around 30%. In 2012, there were 12 states that had installed more than 50MW.

The top 10 largest state solar markets in 2012 were:

1. California   1,033MW           6. Massachusetts   129MW   
2. Arizona   710 MW                  7. Hawaii   109MW   
3. New Jersey   415MW           8. Maryland   74MW   
4. Nevada   198MW                  9. Texas   64MW   
5. North Carolina   132MW     10. New York   60MW   

The report also found strong growth in every segment, especially in utility-scale projects despite the slow down in procurement due to many state Renewable Portfolio Standards reaching capacity.

There were 152 utility solar installations in 2012, and eight of the 10 largest projects currently in operation were completed in 2012. These installations represented 54% of total installed capacity, or 1,782 MW.

But that did not spell the end of the large-scale utility project although commercial and residential sector would get more competitive, said Kahn.

“There's  a pipeline of projects right now that have PPAs with utilities – it's about 10GW, and 4GW is under construction. That number has been more or less flat for the past year and a half or so. What that means is that while we're building out the pipeline is being replenished.

“It's not as if the market is going down, it's just against a comparative metric which is DG. I also think that we're going through the first wave of procurement that occurred from the big utilities that were early adopters of solar back in 2009.”

However, Rhone Resch, President and Chief Executive of SEIA, said that there was an emerging threat to state renewable portfolio standards (RPS) from fossil fuel lobbyists who see the growth of solar in the US as a threat to their industry.

“There are a lot of challenges to state RPS and we're finding that most of those are coming from conservative think-tanks like Goldwater, the Heartland Institute, these are funded by fossil fuel interests.

“You have a huge funding source from the fossil fuel industry trying to roll these back because we are now starting to gain hold, we are now starting to become a significant part of the new energy generation in these states and they're recognising us as a threat.”

Attacks were being targeted in a number of states, including Colorado, Arizona, Ohio and North Carolina, which has 400MW of capacity to be installed worth $1billion in investments.

Resch also criticised a decision in January by the Arizona Corporation Commission (ACC) to roll back Performance Based Incentives for commercial solar projects.

“You've seen billions of dollars invested in the state of Arizona and all of a sudden the ACC's going to pull the plug on that. It is a poor decision politically and a horrible decision from an economic perspective.”

The California Public Utilities Commission yesterday announced that as of the close of 2012, California is on track to meet its interim requirement of 25% renewables by 2016, and is well-positioned to meet 33% by 2020.

As of the end of last year, the large investor-owned utilities reported that they served 19.8% of their electricity with RPS-eligible generation in 2012. Pacific Gas and Electric Company served 19% of its 2012 retail sales with RPS-eligible renewable energy, Southern California Edison with 20.6%, and San Diego Gas & Electric with 20.3%.

10 November 2021
The solar tracker market continues to mature at breakneck speed, with designs and component selections becoming ever-more complex in the pursuit of better project economics. But a more simplistic design could deliver a triple benefit of lower Capex, EPC and Opex costs. This webinar will set out the ideal single axis tracker design for utility-scale solar farms. The design leapfrogs from decades of experience, with a comprehensive understanding and attention to the three cost structures of Capex, EPC and Opx. Sun and Steel Solar has prototyped a single axis tracker designed to deliver up to US$0.03/W in real savings compared to existing single axis trackers on the market. That’s US$30 million for every gigawatt deployed.
15 November 2021
The 10th edition of the famous Metallization and Interconnection Workshop, MIW2021, will take place in the Thor Central venue in Genk, Belgium, on Monday, November 15, and Tuesday, November 16, 2021 as a face-to-face meeting. We are longing for direct exchange of knowledge and ideas after a long time. Hopefully you can be part of it! But of course, the organizors will keep an eye on the evolution of the Covid pandemic. It will be assess carefully, whether the workshop can be held without major risks or excessive restrictions. We are looking forward to exciting talks, discussions and meetings and to welcoming you in Genk!
23 November 2021
The solar, storage and EV industries in the UK are going from strength to strength. There is no better place for the community to meet, share ideas and do business than Solar & Storage Live from 23-25 November at the NEC.There’s something for everyone; more than 150 exhibitors, a high-level conference, a start up and innovation zone, a poster zone, strategic partners to network with and much more. 
1 December 2021
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run online with streamed content, access to session recordings and chat/messaging tools for delegates to connect.
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.
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.

Read Next

October 21, 2021
A round-up of the latest news from the US solar market, featuring project financing from Cypress Creek and DE Shaw, SolarEdge project launches and solar loan securitisations from Sunnova and Mosaic.
PV Tech Premium
October 21, 2021
Chinese power restrictions are likely to change in Q1 next year and will consider the power necessity and industrial demand of certain regions. Nonetheless, polysilicon prices will remain high well into next year and could rise even further.  And, distributed solar is the future of solar PV generation in China.
October 21, 2021
US utility Hawaiian Electric is seeking proposals from resources including solar-plus-storage as part of its latest “all-source” renewables procurement round.
October 21, 2021
Tesla solar installations jumped by 46% year-on-year but fell slightly sequentially to 83MW in Q3 as the clean tech giant targeting greater profitability from its energy division.
October 20, 2021
Spain’s latest renewables auction closed with solar PV bidders being awarded just 866MW of capacity, with players such as Naturgy and Bruc among the winning participants.
October 20, 2021
The main shareholder of Falck Renewables is selling its controlling stake in the solar and wind developer to an investor advised by JP Morgan Investment Management.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 10, 2021
8am (PST) | 5pm (CET)
Solar Media Events
December 1, 2021