New Solar Installation Rises Every 150 Seconds in U.S.
BOSTON—According to new data from GTM Research, the U.S. solar industry completed a project every two-and-a-half minutes in 2014. Those installations were a result of $15 billion in cumulative investments. The growth was led by the residential sector, where 200,000 systems were affixed to rooftops around the country. That is an increase from 50,000 residential systems in 2011. Said Shayle Kann, senior VP of GTM Research. “Residential solar is the fastest-growing—and potentially the most transformative—sector of the solar market.”
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