With newly-installed PV capacity of 900 MW in 2010, the US market was the fifth most rapidly growing PV market in the world, after Germany, Italy, the Czech Republic and Japan. In terms of cumulative installed capacity at the end of 2009, the US was fourth, behind Germany, Spain and Japan.
|Installed Capacity in 2010 (MW)||Cumulative Capacity end 2010 (MW)||Forecast New Capacity in 2011 (MW)||Forecast Total Capacity end 2011 (MW)|
Source: Solar Energy Industries Association, US Solar Industry Year in Review 2009 (April 2010) and Credit Suisse 2011 Solar Outlook (January 2011)
In 2011, the US is expected to add some 2.5 GW of solar PV. These additions will make the US the third fastest growing market after Germany and Italy, and place the US third after Germany, and Italy in terms of cumulative installed capacity. In 2012, the US is expected to become the fastest growing global market.
Barclays estimates solar power additions of 3 GW in 2012 and 5 GW in 2013, an average annual growth rate of 79% over the period 2010-2014.
In the United States, photovoltaic power has historically concentrated on the California market, which has accounted for more than half of all solar PV capacity installed at the end of 2010, or about 1.6 GW. Other markets have begun to pick up the pace, however, especially New Jersey and Florida. In 2010, Florida was the third fastest growing market with 30 MW added, the majority of which consisted of two utility scale plants of 10 MW and 15 MW.