Solar Energy’s Rapid Rise

Posted April 29, 2014 at 11:21am

CleanTechnica reports that installed solar energy capacity in the U.S. grew by 418% in the last four years, according to the U.S. Energy Information Administration’s April 2014 Electricity Monthly Update .  

Although solar energy only makes up “just over 1% of total national generation capacity … the plummeting price of solar modules and increasing efficiency of installation has sent solar skyrocketing.”  

The EIA “notes 6,459MW of utility-scale solar and 1,841MW of thermal solar are proposed across the country (a net-metered projection was not included), meaning solar energy could take another exponential jump.”  

EIA “notes the industry’s quick move from ‘relatively small contributor’ into ‘one of comparative significance.’”  

Screen shot 2014 04 24 at 11.36.07 AM Solar Energys Rapid Rise