October 4, 2011 in Business & Economy, Clean Energy, Solar Energy
We recently covered a solar industry report showing that solar power in Q2 of 2011 grew considerably and many jobs came with that, but there were more interesting points in that report as well. According to this report by the Solar Energy Industries Association (SEIA) and GTM Research, New Jersey has surpassed California as the hottest and largest commercial solar market.
According to SEIA, the commercial solar market in New Jersey jumped 170% from the first quarter of this year to the second quarter. As a result, New Jersey’s photovoltaic (PV) installations now account for 24% of all those in the U.S. — up from 15% at the end of March. Nevertheless, California still remains the largest solar market in the U.S. accounting for 94 MW installed capacity in the second quarter of 2011, compared to 75.7 MW installed capacity in New Jersey. However, California’s market share fell to 30% in Q2 while New Jersey’s grew to 24%.
Source: Clean Technica (http://s.tt/13qpA)
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