"U.S. Solar Power Rises 79% as Home Panels Beat Warehouses"

"Homeowners and developers installed 1.33 gigawatts of solar panels in the first quarter, the second-largest total on record, according to the Solar Energy Industries Association.

Installation increased 79 percent from the same quarter a year earlier with utility-scale projects making up almost two-thirds of the total and homeowner demand surging, the Washington-based trade group said today in a statement.

Total installations may reach 6.6 gigawatts this year, driven by residential rooftop systems and more than 12 gigawatts of utility projects under development, said Shayle Kann, vice president of research at Boston-based GTM Research, which publishes the quarterly market reports with SEIA. This was the first quarter when residential systems exceeded commercial and government solar."

Ehren Goossens reports for Bloomberg News May 29, 2014.

Thursday, May 29, 2014