U.S. Solar Power Growth Jumps to New Record

Reuters

The U.S. solar industry installed a record number of panels in 2011, more than double 2010, and is likely to see strong growth again this year, according to a new report.

Solar installers built 1,855 megawatts of photovoltaic projects in 2011 for a total of $8.4 billion, up from 887 MW in 2010, according to a report released by GTM Research and the Solar Energy Industries Association (SEIA).