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To: Donald Wennerstrom who wrote (48616)7/23/2010 12:35:06 PM
From: FJB  Read Replies (1) | Respond to of 95596
 
US market forecast to grow to 4.5-5.5GW by 2014

Within the next five years, Solarbuzz forecasts the market will grow to between 4.5-5.5 GW depending on the scenario. This is around 10 times the size of the 2009 market, an average annual growth rate of 30% per annum. The key drivers of this outcome will be much more aggressive positioning in the utility segment based on the need to meet their Renewable Portfolio Standard obligations, the development of new state markets together with the return of the corporate segment and steady growth in residential demand stimulated by cuts in end-market pricing. The US order book for photovoltaic systems currently stands at 12 GW. This represents the total of solar set-aside RPS projections of demand from multi-year funded incentive programs, stimulus funded projects and other large utility identified projects.

digitimes.com