Research Firm Forecasts California Market To Continue Growth

According to a recent report from market research firm IHS iSuppli, U.S. solar installations are predicted to rise 166% this year, led by California, which will account for nearly 1 GW of new capacity.

Mike Sheppard, a photovoltaics analyst at IHS iSuppli, adds that New Jersey is expected to be second with 260 MW, followed by Arizona with 240 MW. New Mexico and Nevada round out the top five.

IHS iSupply's analysis further forecasts that an additional 1.2 GW of solar will come online in California in 2012.

‘California's representation in the U.S. solar market reached 45 percent this year, up from 38 percent in 2010. With so much activity and growth, the state is ripe with opportunities for sales and strategic partnerships,’ says Troy Dalbey, managing director of North America for Upsolar.

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