IREC U.S. Solar Market Trends 2009 (Sherwood Associates and IREC)

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Sherwood Associates and IREC release U.S. Solar Market Trends Report, with photovoltaics and solar thermal market data for 2009 (with a focus on grid-connected PV).

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IREC U.S. Solar Market Trends 2009 (Sherwood Associates and IREC)

  1. 1. U.S. Solar Market Trends Larry Sherwood Sherwood Associates and IREC SOLAR 2010 Conference May 19, 2010
  2. 2. Scope of Presentation • Photovoltaics and Solar Thermal – Focus on Grid-Connected PV • United States Market • Data through 2009
  3. 3. Capacity of Annual U.S. Grid-Tied PV Installations
  4. 4. Grid-Tied PV Capacity by State (2009 Installations)
  5. 5. Cumulative Per Capita Grid-Tied PV Installations
  6. 6. Number of Annual Grid-Tied PV Installations
  7. 7. 2009 PV Installation Drivers • Changes to federal incentives in October 2008 and February 2009 • State and utility incentives • Financing challenges • Lower module prices
  8. 8. Solar Thermal Electric
  9. 9. Future for Solar Thermal Electric • Thousands of MW Proposed • Most installations in 2011 and beyond • Southwest and Florida
  10. 10. Capacity of Annual U.S. Solar Hot Water+ Installations
  11. 11. Solar Hot Water+ Capacity by State Based on analysis of EIA data for 2008
  12. 12. Future for Solar Hot Water • Continued but moderate growth • More state and local incentives • Markets in all regions - best in areas with electric hot water
  13. 13. Annual Solar Pool Heating Installations
  14. 14. Annual Solar Pool Heating Installations Based on analysis of EIA Data for 2008
  15. 15. Future for Solar Pool Heating • Market tied to market for swimming pools • Growth will require real estate market recovery in Florida and California
  16. 16. www.irecusa.org
  17. 17. Questions?

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