A recent report by the Solar Energy Industries Association details the tremendous growth in the installation of grid-connected photovoltaics in the US in 2010.
In 2010, the U.S. installed 887 megawatts1 (MW) of grid-connected photovoltaics (PV), representing 104% growth over the 435 MW installed in 2009.
This trend continued into Q1 of 2011 and perhaps more importantly, prices which had seen increases in the last couple years have begun to decline. With improvements in production as well as the efficiency of solar modules look for this pricing trend to continue.
U.S. module production increased by 17% relative to Q4 2010, from 297 MW to 348 MW. While production from export-oriented firms and facilities dipped materially on account of soft demand conditions in the key feed-in tariff markets of Germany and Italy, plants that serve the domestic market enjoyed far healthier utilization of manufacturing capacity.
After a year of flat-to-increasing pricing for some PV components in 2010, annual beginning-of- year feed-in tariff cuts and depressed global demand in Q1 2011 resulted in substantial price declines. Wafer and cell prices dropped by around 15% each, while module prices fell around 7%.





