"U.S. Solar Grew Sharply In 2010, Still Lags Europe"

"The U.S. solar power sector grew 67 percent in 2010 but still lagged European markets by a wide margin in installing solar systems, the industry's trade group said on Thursday.

The U.S. market for solar energy reached $6 billion in 2010, up from $3.6 billion the previous year, according to the Solar Energy Industries Association.

But U.S. share of worldwide photovoltaic solar installations slipped to 5 percent last year from 6.5 percent in 2009 due to booming growth in Germany and Italy, where solar players enjoy generous government incentives."

Nichola Groom reports for Reuters March 11, 2011.

Friday, March 11, 2011