Utility solar achieves best quarter in history

The U.S. achieved its best quarter in history for the utility solar sector in the second quarter of 2012, according to a report by GTM Research and the Solar Energy Industries Association (SEIA). According to the report, “U.S. Solar Market Insight: 2nd Quarter 2012,” the U.S. installed 742 MW of solar power in Q2. Utility solar installations represented 477 MW in the second quarter, with eight states completing utility installations 10 MW or greater: California, Arizona, Nevada, Texas, Illinois, North Carolina, New Mexico and New Jersey. California was the largest state market, with 217 MW installed in Q2.

The number of installations in the Q2 2012 represents a 45 percent jump over Q1 2012 and 116 percent over Q2 2011.

According to the report, the utility photovoltaic (PV) market will remain strong through the last two quarters of 2012. GTM Research forecasts an additional 1.1 GW of utility PV to begin operating before year’s end. The report forecasts that a total of 3,200 MW will be installed in the U.S. in 2012, up 71 percent over 2011.

To read the full report, click here.

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