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Solar industry sets ambitious growth target

Solar industry sets ambitious growth target

Posted 1 year ago in the Solar Energy category by Danny Vo
The solar energy industry is expecting to continue its rapid growth well into the coming decade, creating hundreds of thousands of jobs and other economic benefits in the process.

Rhone Resch, CEO of the Solar Energy Industries Association, recently set a goal for the industry to install 10 gigawatts of solar capacity annually by 2015.

"Over the last few months, we have seen disaster after disaster caused by the fossil fuel industries and Americans are calling for a new direction for our energy future. And in communities across America, people are asking for an energy source that is clean, reliable, safe and creates economic opportunity. That energy source is solar," said Resch.

Resch also noted that the solar industry grew by 37 percent even in light of the recession, while creating about 17,000 new jobs nationwide.

If the industry was to meet its goal of installing 10 gigawatts annually, Resch reported that the result would be 440,000 new domestic jobs while also powering about 2 million homes and offsetting the environmental damages caused by fossil fuels.
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