Solarbuzz: US Solar Market To Grow Tenfold by 2014 [USA]
RENEWABLE ENERGY WORLD - 26 JULY. California, United States -- Despite a challenging domestic economic environment, the U.S. solar market grew 36% in 2009, according to the United States PV Market 2010 from Solarbuzz. This growth was, however, not nearly as strong as the region's 62% growth in 2008. On a global scale, the country was ranked the third largest solar photovoltaic market, behind Germany and Italy.
“2009 marked a year of transformation for the US solar market,” said Craig Stevens, president of Solarbuzz. “Changes in the roles of utility companies, new market entrants, lower cost PV modules from Asia and new direct-to-market approaches became more prevalent. As a result, solar companies doing business in the States will need to adapt quickly to these challenges while also being responsive to frequent adjustments in the fragmented incentive and regulatory environment.”
