Solar Installations Surge To Record High In Last Months Of 2011Posted on Friday, February 10th, 2012 at 8:56 am by Solar Energy USA
A new report out this week on photovoltaic (PV) solar installations in North America shows a big bump in the amount of solar power installed in the last three months of 2011. According to the latest report from Solarbuzz, the North American PV Markets Quarterly, almost 1GW (gigawatt) worth of solar capacity was installed in the last quarter of 2011. To put this in perspective, remember that 1kW (kilowatt) is equal to 1,000 watts and
4 250 watt solar panels equals 1kW (which can now be installed on your home and financed for as little as $150 dollars per month)
40 250 watt solar panels equals 10kW
400 250 watt solar panels equals 100kW
4,000 250 watt solar panels equals 1,000kW or 1MW (megawatt)
40,000 250 watt solar panels equals 10MW
400,000 250 watt solar panels equals 100MW
4,000,000 250 watt solar panels equals 1,000MW or 1GW (gigawatt)
So almost 4 million 250 watt solar panels were installed in just the last three months of 2011 according to this new solar report!
With the latest solar installation data from Q4 2011, we eagerly await to see total U.S. installed solar capacity for 2011 and compare this figure to the end of 2010 which was 2,593MW (more than double the installations from 2009).
Below is a chart from the Solar Energy Industries Association (SEIA) which shows the dramatic increase in PV solar installations, an exponential growth curve that has increased more and more each year since 2000:
Read the full North America PV Markets Quarterly on the Solarbuzz website by clicking here.