30 Nov '11, 3am

Digitimes Research: Government incentives boost US solar installations in 2011

The rapid growth of solar PV system installations in the US after 2009 has been spurred by government incentive programs and the emphasis of using renewable energy shown by the state governments. The US announced in 2009 the American Recovery and Reinvestment Act of 2009 (ARR), changing the incentives from tax breaks to cash subsidies to support the cost for installing solar PV systems. This incentive program was designed to last for three years from 2009-2011, causing the hike of installations in the US as well as stimulating the installations for solar power plants, commercial systems and BIPV systems.

Full article: http://www.digitimes.com/news/a20111129PD208.html

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