LOS ANGELES - (Reuters) - U.S. solar installations soared nearly 40 percent in the third quarter and are likely to be even higher in the current period, though 2011 overall will lag expectations slightly due to a decline in state incentives.
Third-quarter photovoltaic solar installations were 449.2 megawatts, up from 324.3 MW in the previous quarter, according to a report released on Wednesday by trade group the Solar Energy Industries Association and research firm GTM Research.
That brings the total for this year to more than a gigawatt for the first time ever. For all of 2010, the U.S. installed 887 MW of PV solar.
