As reporter by the last executive summary Report on U.S. Solar Market issued by GMT Research and SEIA, Photovoltaic (PV) installations reached 930 MW in Q3 2013, up 20% over Q2 2013. This represents the second–largest quarter for solar installations in U.S. history.
The residential market continues to see the most rapid growth of any segment in the U.S. solar market. Through Q3, residential PV installations were up 49% year–over–year and the report anticipates further expansion to 52% by the end of Q4.
The non–residential market has seen the most difficulty in 2013 and the Report forecasts that installations will remain flat year–over–year.
The utility market has seen consistent, strong installations through Q3 and the Report anticipates that the market will have a quarter with over 1 GW of installations in Q4, the first time any individual market segment has exceeded that mark.
The utility market will remain the largest segment in terms of installations through at least 2016.
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