SEIA and GTM Research release solar report

The Solar Energy Industries Association® (SEIA) and GTM Research released their Solar Market Insight 2014 Year in Review report for the U.S. solar industry. According to the report, there now are 20 gigawatts of installed solar capacity nationwide, reportedly enough to power 4 million U.S. homes.

The report indicates 2014 was the biggest year ever for photovoltaic installations with 6,201 megawatts (MW) installed, a 30 percent increase over 2013. Additionally, 32 percent of new electric-generating capacity in the U.S. came from solar.