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Tuesday, 26 October 2010

Industry Risk - US Solar Poised for $100bn Growth Surge

October 26:

Location: New York

Author: Sarah Feinberg
Date: Tuesday, October 26, 2010
Rapidly declining equipment costs combined with stronger government support have set the stage for explosive growth in the US solar market over the next decade, according to Bloomberg New Energy Finance, the world’s leading provider of research and analysis into clean energy and the carbon markets. Solar-powered generating capacity – using photovoltaic and solar thermal electricity technologies – could reach 4.3% of the nation’s power capacity by 2020, depending on the industry’s ability to attract an estimated $100bn of investment.

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