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Date: Mar 22 2016
Based on the Solar Means Business report by the Solar Energy Industries Association (SEIA), the solar industry in the US witnessed a remarkable growth in Q2 2015. The industry’s best-ever achievement was marked by the installation of 1,393 MW of solar power. The utility and the residential sectors accounted for a 729 MW and 463 MW installation respectively.

The Key Accomplishments

  • Currently, you’ll find more than 22,700 MW of accumulative solar energy in operation in the United States. The power generated is sufficient to power 4.6 million or more US homes.
  • There were more than 135,000 solar installations in 2015 with approximately 784,000 American homes and organizations embracing solar energy.
  • With the implementation of the Solar Investment Tax Credit (ITC) in the year 2006, the cost of installing PV systems has reduced significantly by 73 percent or more.

Expected Growth of Solar in 2016

The country’s solar capacity is expected to increase to 20,000 MW in 2016. The growth will be pretty significant as more than 16 US states are to reach the 100 MW benchmark this year.

Solar Power to Help US Corporations to Save Dollars

According to data provided by the SEIA, US corporations such as IKEA, Walmart and Macy’s are embracing solar energy at an amazing rate. Reports show that the leading 25 corporations in the US have installed 569 MW of solar capacity at 1,100 places across the US in 2014.

K-12 Schools Go Solar

Based on a report by the Solar Foundation and SEIA, you’ll find about 4,000 K-12 schools in America with active photovoltaic (PV) systems installed. This implies that 2.7 million or more US students go to solar schools now.

The US solar industry is booming as of now, and businesses, schools and other commercial establishments are going solar at an unbelievable rate. If you want to join the brigade contact us today, and .

License No CVC56780

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