At the end of last year, the utility PV market in the United States was valued at $1 billion annually and thought to be scaling rapidly, with an estimate of it reaching $8 billion a year by 2015.
A September 7 opinion piece by Tuan Pham for PowerFin Partners, meanwhile, raises the question of future interest rates and their potential for a negative impact on the growth of the solar industry. He argues that it’s the cost of capital, not the system costs, that the industry must keep in mind as it develops further projects.
Tula International Managing Partner Bernard Vanderlande will be attending the Utility Scale Solar conference in San Diego next week.