Solar Energy Industry Group Reports US Solar Market Hit Record Growth In 2008, Despite Economic Crisis

From SEIA.org

Smart federal policies needed to maintain growth and meet President Obama’s renewable energy goals

WASHINGTON– Today, the Solar Energy Industries Association released its 2008 U.S. Solar Industry Year in Review, highlighting a third year of record growth. The report notes that 1,265 megawatts (MW) of solar power of all types were installed in 2008, bringing total U.S. solar power capacity up 17 percent to 8,775 MW. The 2008 figure included 342 MW of solar photovoltaic (PV), 139 MWTh (thermal equivalent) of solar water heating, 762 MWTh of pool heating and an estimated 21 MW of solar space heating and cooling.

“Despite severe economic pressures in the United States, demand for solar energy grew tremendously in 2008,” said Rhone Resch, president and CEO of SEIA. “Increasingly, solar energy has proven to be an economic engine for this country, creating thousands of jobs, unleashing billions in investment dollars and building new factories from New Hampshire to Michigan to Oregon.”

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