Copying and distributing are prohibited without permission of the publisher
US solar learns to live without the DoE
06 June 2012
The US solar market boomed in 2011 but new anti-dumping measures and the end of government guarantees are casting a shadow over the market. By Antony Collins.
Read more:
[DoE]
[WTO]
[anti-dumping]
[itc]
[ptc]
[cash grant]
US photovoltaic (PV) solar capacity increased by 109% in 2011, according to the Solar Energy Industries Association (SEIA) and GTM Research. Capacity hit 1,855MW last year, mainly in 10 key states (see table below), thanks to the decreasing cost of developing projects though this is still high compared to more conventional technologies and generous government support.
Utilities in California the US state with the highest installed solar capacity operate auctions for power purchase agreements, a process that has driven down the tariffs they pay for power. Generous state and federal tax credits have also helped put downward pressure on the prices that developers are able to offer the utilities.Top 10 US states for PV Installations in 2011
...
Take a free website trial to read this article. It’s easy to get a trial – just follow this link or email info@projectfinancemagazine.com.
Or, if you’re a subscriber or have an active trial, simply log in below to read the article.
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Subscribe
Free trial
Taking a free trial will give you access to the latest news and analysis, as
well as the online deals database, BenchBase. Start your free trial today.
Free Trial