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Utilities' Solar Spending to Double Each Year in U.S. to 2015, GTM Says - Arizona Solar Center - Arizona Solar Center Blog

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Arizona Solar Center Blog

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Utilities' Solar Spending to Double Each Year in U.S. to 2015, GTM Says

U.S. utilities may double investments in solar power generation each year through 2015 as states demand more renewable energy and equipment prices fall, consultant GTM Research said. Installations of so-called utility-scale solar projects will reach about 3,000 megawatts annually, worth $8 billion, in five years from 58 megawatts in 2009, GTM analyst Shayle Kahn forecast in a report.

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