Solar Energy Industries Association and GTM Research Report solar Market has 38% Growth in 3rd Quarter

According to a report released on December 16thcompiled by GTM for the SEIA, the commercial sector has driven the solar market to a 38% growth in the 3rdquarter. The article goes on to state:

More than 27,000 U.S. homes and businesses installed solar energy systems in the third quarter of 2010. Installations in the non-residential photovoltaic (PV) sector grew 38 percent over the second quarter to reach 103 megawatts (MW).

Alongside support from state and federal policies, nationwide growth is being propelled across residential, commercial and utility-scale market segments by the continued decline of average system costs, which the report finds were below $6/watt in Q3 for the first time, or 8.5 percent less than Q1 averages.

Additionally, Federal officials, including Interior Secretary Ken Salazar, relayed plans to accelerate major solar energy development across the Western US. However, SW Oregon was not included. Read the OPB article here

In the spirit of these recent findings, there will be many businesses affected in a positive manor for the upcoming year. EPS Ovens specializes in batch and continuous ovens for solar panel curing. Let’s hope this means more than just additional business and really springs the solar panel usage and manufacturing into the next level of integration for alternative energy.

Feel free to contact us for more information and any questions regarding quotes or customized options for your current and upcoming demands.