Dive Summary:
- Solar energy in Pennsylvania fell from 17 megawatts (MW) in 2011 to 7 MW in 2012, making Pennsylvania the only major solar market to shrink, according to "U.S. Solar Market Insight: Year-in-Review 2012," a new study from GTM Research and Solar Energy Industries Association (SEIA).
- State legislators carved out a 0.5% solar energy requirement; meanwhile, Solar Renewable Energy Credits fell from $400 to $12 per MW-hour.
- A $180 million solar rebate program intended to spur growth for 5 years expended within 3 years.
From the article:
“The U.S. solar industry market grew 76 percent in 2012 and added 3.3 gigawatts of installed capacity, while Pennsylvania solar advocates describe the state’s industry as ‘moribund’ and ‘a disaster area.’”