Washington, DC (Nasdaq) 14 December 2011

U.S. solar industry has reached a new facilities and growth in the third quarter of 2011 closed due to utility projects, strong residential construction, effective action and the falling prices for solar panels, according to a report released by GTM Research Solar Energy and Industries Association (SEIA).

through the third quarter of 2011, the U.S. solar market has installed more than 1,000 megawatts (MW) of solar capacity in 2010 already exceeded the annual total of 887 MW, according to the U.S. Solar Market Insight: 3rd Quarter 2011 to report. This includes 449 MW in the third quarter alone, more equipment and record first quarter new solar electric capacity installed in 2009 than in all recorded. This also represents a 140 percent over the previous year.

Much of this increase is attributable to the Department of the Treasury 1603 program, which at 31 Expire in December, unless Congress extends it is. As the continuation of the program, the report predicts that there is a tax on the capital bottleneck projects in 2012, representing a possible slowdown in plants until the end of 2012 and into 2013.

“The U.S. solar industry is on a roll, the unprecedented growth in 2011,” said Rhone Resch, SEIA President and CEO. “Solar today is an economic power in dozens of countries that are creating jobs across America. But the industry is a stable policy to make informed business decisions, and unfortunately the underlying distribution system has solar projects expire due on 31 December. To to grow the industry and create jobs in the United States, we need Congress to extend 1603-program. 1603 program has done more to expand the use of renewable energy than any other policy in American history. Our country can not go back to Congress be turned into the American industry, and it is important to continue to leave the Congress, the 1603 program for a few days before the end of the year. “

U.S. solar markets Insight: 3rd Quarter 2011 Report (http://www.greentechmedia.com/research/solarinsight) is the most accurate and up-to-date research in the further growth and opportunities in the U.S. The report contains an analysis of PV and solar thermal power plants (CSP) and concentrating photovoltaic (CPV) technology reveals the most important facts that will help you navigate the solar market maker current and projected flight path.

Highlights from the third quarter, contains the report:

photovoltaic PV systems in Q3 2011 increased by 39 percent over Q2 2011 and 140 percent over Q3 2010.

utility PV market installed base of over 200 MW in Q3 2011, more than 400 percent in companies with more than Q2 2011th

-residential PV market grew by 21 percent over the past Q2 2011 reached almost 75 MW.

California back a significant portion of the total PV system in Q3 2011 by 44 percent, according to the six major markets, with the state consists in combination of 45 percent of the institutions on a quarterly basis.

Solar Domestic markets go up, more than ever, the report also states that the United States the sun is facing more uncertainty than at any time in recent history. Fall on the other hand, solar panel prices steeply, and system prices have never been lower, on the other side of the market is a significant risk in the form of legislation, financing, policy and market barriers.

“The sun is moving into the U.S. in 2012, a sense of cautious optimism,” said Shayle Kann, chairman of the solar practice of GTM Research. “There are three questions that every spirit in the market: one can, what would the effect of 1603 the Ministry of Finance of the program after the end of his two in the commercial market to emerge, such as Massachusetts, Colorado, Ohio, Tennessee, Hawaii and Ramp -up to major markets such as California, New Jersey and Pennsylvania on a downward trend, and finally, how to petition against Chinese imports, trade on the solar market dynamics, and the immediate future, and if the tasks are ultimately bear? “

1603 program, the Treasury due to expire at the end of this year, solar project developers either complete or safe harbor, the projects in the fourth quarter of 2011, so the program scrambling. This assembly is robust to produce numbers until the end of 2011. However, the uncertainty of the program development of the market threatens growth in 2012 and thereafter.

About GTM Research:

Green Tech Media provides research and analysis in a business-to-business green tech market. With the integrated platform, we produce high quality products, whether from industry news, market research or networking events. GTM Research, examination gloves, produces in-depth market tracker, the company reports and the publisher of PV News, the monthly solar market. Green Tech Media in Boston, Massachusetts, USA, with offices in New York, NY, San Francisco, CA and Munich. For more information, visit http://www.greentechmedia.com.

About SEIA:

founded in 1974, the Solar Energy Industries Association is a national association of U.S. solar energy industry. To build through lobbying and education, SEIA member companies and about 1100 a strong solar industry to power America. SEIA is anxious as the voice of the industry to make solar power a mainstream and significant energy source by the expansion and the dismantling of market barriers, strengthening the industry and educating the public about the benefits of solar energy. http://www.seia.org

Background Resources:

U.S. Solar Market Insight: 3rd Quarter 2011 Abstract: http://forms.greentechmedia.com/af2?LinkID=CH00095679eR00000030AD

Info purchase of the entire U.S. Solar Market Insight: 3rd Quarter 2011 Report: http://www.seia.org/cs/research/SolarInsight

background of the Department of the Treasury 1603 Program: http://www.seia.org/cs/solar_policies/1603_treasury_program

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