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Harnessing the Power of the Sun, One Solar Panel at a Time

Over the past several years, solar power has taken off. With residential, non-residential and utility-sized projects popping up all over the country, solar power is an environmentally-friendly and sustainable alternative form of energy that’s continuing to grow.

From rooftop solar panels on homes and businesses to ground-mounted utility solar projects, we are harnessing the power of the sun to fuel our electrical needs, one solar panel at a time.

Here are four examples of growth within the solar industry that’ll quickly illustrate how far we’ve come in the past few years, and where we’re headed in the future.

Solar energy accounted for 32% of all new electricity generating capacity

According to Solar Energy Industries Association (SEIA), the U.S. solar industry grew 34% in 2014 compared to 2013. Solar power accounted for 32% of all new electricity generating capacity in the U.S., coming in after natural gas which generated 42% of new electric capacity. 

(Image Source: SEIA)

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Three Key Solar Industry Statistics

While solar power often appears to be an issue outside of the mainstream, industry statistics tell the story of a robust industry with strong momentum that is on track to become a key driver of the U.S. economy. 

As the Solar Energy Industries Association (SEIA) states on its home page, "Every energy resource deployed in the U.S. has approximately 30 years of innovation and early adoption before mainstream adoption." 

Solar energy is solidly poised to become a mainstream energy source. The progress has been impressive. Below are three statistics from the SEIA that demonstrate the industry's momentum and its growing economic importance.

 

 

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