The United States is ready to push aside Italy, Germany and Japan as being the home of the largest market for photovoltaic (PV) installations. ABI Research‘s Global Photovoltaic Cells and Module Markets study predicts that in year 2013, the United States will have more PV installation than any other country on the globe. Now, that is a lot of PV installations.
According to the recent study, an estimated 900 megawatts (MW) of installed capacity went online during 2010 in the United States’ PV market. This number is expected to nearly triple in 2011. The growth will only be expected to continue over the next few years. Experts predict that there will be an increase of 5 gigawatts installed during 2013 in the United States.
Increased incentives at both the federal and state level will drive much of the growth. Thirty separate U.S. states have already implemented renewable energy standards (RES) or renewable portfolio standards (RPS) – targets for major utilities to reach by either purchasing a percentage of their energy from renewable energy sources or generating. California has an RPS target of 33 percent by 2020 and will most likely be the first state to actually introduce feed-in tariffs for PV power generation.
Actually, renewable energy technologies are growing exponentially in the utility, industrial and commercial sectors. And government is playing a huge role as well, even the United States military is looking into PV solutions to power supplies for equipment and troops.
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