Expiring Grants Spur Solar Installations, Report Says

Law360, Washington (March 14, 2012, 6:35 PM EDT) -- A U.S. Department of the Treasury grant program may have contributed to a staggering uptick in solar energy installations in 2011, and the industry should continue its strong growth despite the program's expiration, according to a report released Wednesday.

The Solar Energy Industries Association noted that 1,855 megawatts of solar power capacity were installed throughout the U.S. in 2011, which more than doubled 2010's record of 887 megawatts. But the group doesn't expect solar energy growth to stop there.

Thanks to declining installation prices, improved efficiency...
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