Wednesday, June 03, 2009

US Solar Market


U.S. Solar Market: So Promising, Except for 2009

The United States could become the leading solar market one day, but it's likely to be Germany that saves the day for solar panel makers who have seen demand plummeted so far this year, analysts say.

Solar companies have pegged the United States as the market to conquer because of its size, but for 2009, it's likely to be Germany that will have the large appetite for the abundant supply of solar panels, analysts say.

The United States lags behind countries such as Germany, Spain and Japan in solar energy generation, but its size and an earnest push by federal and some states to promote more installations has made the U.S. a promising market. But not this year.

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