GTM Research shows that the third quarter of 2011 was the best ever for American solar power installers. Through the third quarter of 2011, the U.S. solar market installed more than 1 gigawatt (GW) of grid-connected photovoltaics (PV) on the year! Last year the annual total was 887 megawatts (MW). The rapid decline in panel prices have made a major impact on PV sales and installations.
Most of those American installs consisted of utility installations. Utility installations in Arizona, California, and New Mexico made up the largest portion of the utility projects in the US. Overall the utility installations grew 325% over the second quarter of the year. Over 500 MW of utility PV is under construction in the US and anticipate completion in early 2012.
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