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Solar Industry
U.S. Photovoltaic Project Order Backlog Now Surpasses 12 GW
The solar photovoltaic project order backlog for the U.S. market has now soared past 12 GW, according to the latest edition of the Solarbuzz United States Deal Tracker report.
Although the PV industry is facing the effects of large cuts in feed-in tariffs across Europe, the order backlog in the U.S. confirms that the country will be one of the most promising growth markets over the next 24 months, Solarbuzz says. The U.S. market doubled in size in 2010 and is forecast to do so again this year.
The April edition of the report logs over 375 nonresidential projects in the U.S. project pipeline being planned or going through a request for proposal process. It also includes an additional 775 projects that total 0.7 GW of PV systems either installed or being installed since Jan. 1, 2010.
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