U.S. Solar Installs More Than Doubled in Second Quarter

Bloomberg Businessweek

U.S. solar-panel installations more than doubled in the second quarter from a year earlier led by demand in California, according to the Solar Energy Industries Association.

Installations totaled 742 megawatts in the quarter, up 45 percent since the first quarter, and may reach 3.2 gigawatts by year end, the Washington-based trade group said today in its quarterly market report. California led installations with 217 megawatts, followed by Arizona with 173 megawatts.

The U.S. now has 5.7 gigawatts of installed solar capacity, enough to power 1 million homes, according to GTM Research, a Boston-based consulting company that prepared the report with SEIA.