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Report: U.S. solar panel installations surged 15% in Q2

  • Solar panel installations in the U.S. jumped 15% to 832 MW during Q2 as booming business for utility-scale systems helped offset weaker demand for residential and commercial projects, according to a report from GTM Research and the Solar Energy Industries Association.
  • The utility-scale solar market soared 42% Q/Q, but the report says utilities in California and other key states have slowed their procurement of power from new solar projects.
  • The average installed price of solar systems fell to $3.05/watt from $3.36 in Q1 and $3.43 a year ago, but prices vary greatly state to state and project to project.
  • ETFs: TAN +6.6% premarket; KWT.
  • Related tickers: JASO, FSLR, JKS, TSL, SOL, STP, LDK, SPWR, CSIQ, YGE, CSUN, SCTY, RSOL, SUNE, HSOL.
Comments (2)
  • Michael Bryant
    , contributor
    Comments (5363) | Send Message
     
    Good news for (RSOL) and (SCTY).
    12 Sep 2013, 02:03 PM Reply Like
  • rcarterbrown
    , contributor
    Comments (13) | Send Message
     
    Agreed
    12 Sep 2013, 08:06 PM Reply Like
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