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Excerpts from the
2012 Year-In-Review
Solar Market Insight Report
Katherine Gensler
Director of Government Affairs
2. © 2012 SEIA
Solar in America: Strong and Getting Stronger
• 119,000 American workers in solar – double the number in
2009 – at 5,600 companies across the country
• One of the fastest growing sectors of the U.S. economy – 2012
installations grew 76% over 2011
• Q4 2012 was the largest quarter on record, with 1,300 MW
installed. Q4 PV installations grew 64% year-over-year
• Over 7,700 MW of installed solar electric capacity, enough to
power 1,200,000 average American homes
4. © 2012 SEIA
Solar Continues to Boom- 3,313 MW Installed in 2012
• Record Q4 with 1,300 MW deployed
6. © 2012 SEIA
Solar More Affordable Than Ever
• Average system prices declined 27% over the past year
7. © 2012 SEIA
Significant CSP Poised To Come Online in 2013
• The current CSP pipeline contains 2,700 MW of projects with
signed PPAs
8. © 2012 SEIA
SEIA’s 10 GW Goal Within Reach
• SEIA’s goal of 10 GW annually by 2015 is
achievable, but additional policies are needed,
including:
– Policies to support financing of solar projects
– Removal of barriers to solar deployment
– Development of alternative financing mechanisms
– Interconnection Standards
– Efficient Permitting Processes