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/ Solar as the Mainstream Electric Generating Industry in the US

In the United States today, an increasing number of the population are turning towards solar power as their main source of power, gradually turning solar power into one of the mainstream methods of power generation.

The quarterly SEIA/GTM Research U.S. Solar Market Insight report shows the major trends in the U.S. solar industry. According to the report, in the first quarter of 2015, all new electric-generating capacity in the U.S. stemming from solar power is more than 51%, which exceeds that of natural gas, despite the cost advantages of the latter. As the report indicates, it is predicted that the industrial development of solar electric-generating is to reach a higher peak.

In the first quarter of 2015, the U.S. installed 66.44 thousand independent solar electric-generating systems, which upgraded the cumulative installation capacity to 700 thousand. This installation capacity is 1,306 MWdc of solar PV, marking the sixth consecutive quarter in which the U.S. added more than 1 GWdc of PV installations.

 

“Solar as the Mainstream Electric Generating Industry in the US.” Of Week. Of Week, 17 June 2015. Web. 12 July 2015

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