Select your language

The growth of the solar market in the USA will rise

United States. The solar market is projected to grow substantially this year – 119% – according to GTM Research in its 2015 annual solar market report, published in conjunction with the Solar Energy Industries Association (SEIA).

Led by the large-scale service segment, GTM Research predicts that a total of 16 gigawatts (GW) of solar will be installed in the U.S. in 2016, more than double the record of 7.3 installed in 2015 GW.

While commercial-scale installations will account for 74% of installations for the year, the residential and commercial markets are also expected to experience strong growth in 2016. In fact, the U.S. is about to reach 1 million solar installation.

According to the report, the launch of new community solar programs, new utility efforts to enable corporate hiring, and the ongoing debate over the value of rooftop solar are three key trends that will drive year-round demand for solar in the United States.

- Publicidad -

The federal ITC provides a 30% tax incentive on all solar energy projects. In December 2015, Congress extended the credit to 2019 with a step down through 2022 and the project completion deadline of 2023 for some projects.

Duván Chaverra Agudelo
Duván Chaverra AgudeloEmail: [email protected]
Jefe Editorial de las revistas AVI Latinoamérica, ACR Latinoamérica, Ventas de Seguridad, Zona de Pinturas, Aftermarket Internation, Gerencia de Edificios, TV y Video, y Director Académico en Latin Press, Inc,.
Comunicador Social y Periodista con experiencia de más de 18 años en medios de comunicación. Apasionado por la tecnología y por esta industria.

No comments

• If you're already registered, please log in first. Your email will not be published.

Leave your comment

In reply to Some User
LG Launches Free Online Academy to Train HVAC Professionals

LG Launches Free Online Academy to Train HVAC Professionals

International. LG has launched a new free digital platform for the training of HVAC consultants and installers, registration is officially open. 

ACAIRE will hold a union meeting in Medellín to present the 2025 agenda and news of the RETSIT

ACAIRE will hold a union meeting in Medellín to present the 2025 agenda and news of the RETSIT

Colombia. Next Wednesday, April 23, 2025, the HVAC&R sector has a key appointment in Medellín with the Trade Union Meeting organized by ACAIRE, a free event that will bring together...

Mitsubishi Electric Again Achieves CDP's Highest Distinction in Climate and Water

Mitsubishi Electric Again Achieves CDP's Highest Distinction in Climate and Water

International. The company earned the highest rating in both categories for the second year in a row, reaffirming its leadership in corporate sustainability.

Bosch Home Comfort reinforces its commitment to sustainability in energy distribution

Bosch Home Comfort reinforces its commitment to sustainability in energy distribution

International. Bosch Home Comfort reaffirmed its commitment to sustainability and innovation in the energy distribution sector, through its participation in the meeting organized on the occasion...

U.S. HVAC manufacturers would not face significant impact from new tariffs thanks to USMCA

U.S. HVAC manufacturers would not face significant impact from new tariffs thanks to USMCA

United States. President Donald Trump's recent tariff proposal, which imposes a minimum of 10% on all imports to the United States and much higher tariffs for certain countries, has set off alarms...

Pharmaceutical Cold Chain: Keys to Reducing Drug Waste

Pharmaceutical Cold Chain: Keys to Reducing Drug Waste

Mexico. The waste of temperature-sensitive medicines continues to be a critical challenge for the pharmaceutical industry, with both economic and health implications.

Revolution in the HVAC industry: trends that will mark 2025

Revolution in the HVAC industry: trends that will mark 2025

International. The global heating, ventilation, and air conditioning (HVAC) industry is facing a radical transformation in 2025, driven by digitalization, sustainability, and new market demands.

Optimisation of thermal comfort and indoor air quality in educational environments

Optimisation of thermal comfort and indoor air quality in educational environments

Indoor environmental quality (IEQ) in educational spaces is a determining factor in the health, productivity, and academic performance of students and teachers. by Ernesto Porras*

HVAC Ductwork: Becoming Smarter and More Adaptive

HVAC Ductwork: Becoming Smarter and More Adaptive

New solutions are incorporating technologies that seek to optimize energy efficiency, improve air quality, and facilitate integration with IoT systems. by Álvaro León Pérez Sepúlveda

Mirage and Conalep Navojoa promote the training of refrigeration and air conditioning technicians

Mirage and Conalep Navojoa promote the training of refrigeration and air conditioning technicians

Mexico. Mirage announced a strategic alliance with the Plantel Conalep Sonora Navojoa to strengthen the training of new technicians in the sector.

Free Subscription
Remember Me
SUBSCRIBE TO OUR NEWSLETTER
DO YOU NEED A SERVICE OR PRODUCT QUOTE?
LASTEST INTERVIEWS
SITE SPONSORS










LASTEST NEWSLETTER
Ultimo Info-Boletin