On the bright side, report finds residential solar won’t decline this year
Home / Solar Buzz / On the bright side, report finds residential solar won’t decline this year
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On the bright side, report finds residential solar won’t decline this year2018-06-142018-06-14https://miasole.com/wp-content/uploads/2021/06/miasole-only-logo.pngMiaSoléhttps://miasole.com/wp-content/uploads/2018/06/standingseam.jpg200px200px
Residential solar capacity installations are expected to remain stable this year, compared with last. Following a 15% decline in 2017, Greentech Media (GTM) analysts say that’s “actually pretty good news” for an industry which has faced uncertainty.
GTM Research and the Solar Energy Industries Association collaborated on a new assessment, concluding the industry is off to a relatively strong start in 2018. In total the solar industry added 2.5 GW in the first three months, an annual growth of about 13%.
Residential solar installations previously declined for four consecutive quarters, but the sector now “shows some signs of improvement over 2017,” according to the report. Non-residential solar installations were off by more than a third, quarter-over-quarter.
