Happy Pi Day from GTM Research!
To celebrate, we'd like to dish out a juicy pie chart of PV installation numbers.
As noted in the most recent U.S. Solar Market Insight report, GTM Research is forecasting nearly 6 gigawatts of photovoltaics to be installed in the United States in 2014, representing 26 percent growth year-over-year.
Source: U.S. Solar Market Insight
The utility slice will lead the market, accounting for over half of all U.S. PV installations, though down from 60% in 2013. California and North Carolina will lead the segment.
We anticipate New Jersey to have a bounce-back year and install the second most non-residential (i.e., commercial) solar, after California.
For residential, Arizona will place second behind California.
For more findings and pie charts, download the report's free executive summary here.