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Sustainable Energy Factbook Shows Huge Growth in Solar

Wednesday, Feb 04 2015

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Press Release

WASHINGTON, DC – Pointing to huge growth in the U.S. solar industry, the 2015 edition of the Sustainable Energy in America Factbook, produced for the Business Council for Sustainable Energy (BCSE) by Bloomberg New Energy Finance, was released today. In response to the report, Solar Energy Industries Association (SEIA) President Rhone Resch said:

“The Factbook rightly points out that the continued growth in residential, commercial and utility-scale solar has helped to diversify our nation’s energy portfolio, improve grid stability, save money and create new jobs across the nation. This tremendous growth, including 20 percent more jobs in 2014 than the year before and 50 percent more added solar capacity nationwide, is due largely to smart, successful public policies such as the solar Investment Tax Credit, Net Energy Metering and Renewable Portfolio Standards. We’d like to thank BCSE and Bloomberg New Energy Finance for putting together the Factbook, which helps show policymakers and the public what a huge success story solar has become – and why it’s so important to our nation’s future.”
 
Today, the U.S. has an estimated 20 gigawatts (GW) of installed solar capacity nationwide, enough to effectively power nearly 4 million homes in the United States – or every single home in a state the size of Massachusetts or New Jersey – with another 20 GW in the pipeline for 2015 and 2016, according to SEIA and GTM Research projections.
 
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About SEIA:
 
Celebrating its 41st anniversary in 2015, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.
 
Media Contacts:
 
Ken Johnson, SEIA Vice President of Communications, [email protected] (202) 556-2885 
Samantha Page, SEIA Press Officer and Communications Manager, [email protected] (202) 556-2886