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Q4 2014 SMI Fact Sheet
Citation preview
December 17, 2014 SEIA | www.seia.org
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
$-
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Sola
r P
V In
stal
lati
on
s (M
Wd
c)
Ble
nd
ed
Ave
rage
So
lar
PV
Pri
ce (
$/w
att)
As Industry Scales, Prices Fall
Solar PV Installations Solar PV Prices
Solar32%
Natural Gas42%
Coal0%
Wind23%
Other3%
2014 New Electric Capacity Installed
SOLAR ENERGY FACTS: 2014 YEAR IN REVIEW SOLAR INDUSTRY BREAKS 20 GW BARRIER; GROWS 34% OVER 2013
Installations Continue To Boom
Solar More Affordable Than Ever
December 17, 2014 SEIA | www.seia.org
0
2,000
4,000
6,000
8,000
10,000
12,000
2010 2011 2012 2013 2014 2015E 2016E 2017E
Inst
alle
d C
apac
ity
(MW
dc)
U.S. Solar Industry Forecast
Residential (PV) Non-residential (PV) Utility (PV) Forecast
88 MW
107 MW
129 MW
147 MW
240 MW
247 MW
308 MW
339 MW
397 MW
3549 MW
New Mexico
Hawaii
Texas
New York
New Jersey
Arizona
Massachusetts
Nevada
North Carolina
California
2014 Solar PV Installed Capacity
Residential Non-Residential Utility0 2500 5000 7500 10000
Texas
New York
Colorado
Hawaii
Massachusetts
Nevada
North Carolina
New Jersey
Arizona
California
Installed Capacity (MW)
Cumulative Solar Electric Capacity
Growth to Continue Through 2016
State Rankings
December 17, 2014 SEIA | www.seia.org
$0.00
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
$18.00
2006 2007 2008 2009 2010 2011 2012 2013 2014
Bill
ion
s
Value of Yearly U.S. Solar Installations
Solar Is an Economic Engine
0
25,000
50,000
75,000
100,000
125,000
150,000
175,000
200,000
2006 2007 2008 2009 2010 2011 2012 2013 2014
U.S. Solar Workforce
SEIA Estimate The Solar Foundation