The solar market is an increasingly important and vital part of the American economy. What are the trends in this market, and what forces are at work? Which sectors of the market are strongest, and why? What are the prospects for solar energy in the near future? Larry Sherwood, principal author and IREC vice president/COO, presents results from the U.S. Solar Market Trends: 2014.

1. U.S. Solar Market Trends
Larry Sherwood
IREC
3iForum at 2014 SPI
October, 2014

2. Federal Tax Policy

4. $9
$8
$7
$6
$5
$4
$3
$2
$1
$-
U.S. Distributed PV Cost Trends
2009 2010 2011 2012 2013
Residential
Non-residential

5. 5000
4500
4000
3500
3000
2500
2000
1500
1000
500
0
Capacity of Annual U.S.
Grid-Tied PV Installations
2009 2010 2011 2012 2013
Capacity (MWDC)
Utility
Non-Residential
Residential

6. Natural Gas
Solar
Coal
Wind
Other
2013 New U.S. Electricity
Generation

7. CA
AZ
NC
MA
NJ
HI
Other
2013 Installations by State

8. Large systems are more than half
of the capacity installed in 2013
3000
2500
2000
1500
1000
500
0
> 5 MW - 84 installs < 5 MW - 153,700
installs

9. Utility Sector

10. Utility PV Sector
3000
2500
2000
1500
1000
500
0
2009 2010 2011 2012 2013
MWDC
Annual Installed Capacity

11. Utility PV Sector
CA
AZ
NC
By State
Other

14. 900
800
700
600
500
400
300
200
100
0
Concentrating Solar Power
2009 2010 2011 2012 2013
Capacity (MWAC)
Annual Installed Capacity

15. Non-Residential Distributed PV Sector

16. Non-Residential Distributed PV Sector
1200
1000
800
600
400
200
0
Annual Installed Capacity
2009 2010 2011 2012 2013

17. Non-Residential Distributed PV Sector
CA
MA
NJ
AZ
HI
NY
Other
By State

18. Residential Distributed PV Sector

19. 1000
900
800
700
600
500
400
300
200
100
0
Residential Distributed PV Sector
2009 2010 2011 2012 2013
MWDC
Annual Installed Capacity

20. Residential Distributed PV Sector
CA
HI
AZ
LA
MA
CO
NY
NJ
Other
By State

21. 16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
MW-dc
Cumulative U.S. Grid-tied
Solar Electric Installations

22. irecusa.org/publications

23. Thank you
Larry Sherwood
Larry@irecusa.org
www.irecusa.org