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2012 Year-In-Review Solar Market Insight. Solar in America: Strong and Getting Stronger. 119,000 American workers in solar – double the number in 2009 – at 5,600 companies across the country One of the fastest growing sectors of the U.S. economy – 2012 installations grew 76% over 2011
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Solar in America: Strong and Getting Stronger 119,000 American workers in solar – double the number in 2009 – at 5,600 companies across the country One of the fastest growing sectors of the U.S. economy – 2012 installations grew 76% over 2011 Q4 2012 was the largest quarter on record, with 1,300 MW installed. Q4 PV installations grew 64% year-over-year Over 7,700 MW of installed solar electric capacity, enough to power 1,200,000 average American homes
Solar Is an Economic Engine *(The Solar Foundation 2012 National Solar Jobs Census) The value of U.S. solar installations was $11.5 billion in 2012, up from $8.6 billion in 2011 There are now over 119,000 solar workers in the U.S., a 13.2% increase over 2011 employment totals*
Solar Continues to Boom- 3,313 MW Installed in 2012 Record Q4 with 1,300 MW deployed
Solar More Affordable Than Ever Average system prices declined 27% over the past year
State 2012 Performance 11 states installed 50 MW or more in 2012 The Massachusetts market more than quadrupled in new PV capacity from 2011 to 2012 California’s residential and commercial markets led the nation Hawaii’s market grew 169% in 2012 over 2011
Another Record Year of Installations U.S. PV market expected to grow 29% in 2013, significantly higher than the global rate