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Solar Is U.S.'s Fastest Growing Industry, Says SEIA CEO

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CleanEnergyAuthority.com recently published a story by Chris Meehan with the following quote from Rhone Resch, CEO of the Solar Energy Industries Association (SEIA):

 

"I am thrilled to announce that the solar energy industry is now the fastest growing industry in America."

 

This statement was part of the opening general session of PV (Photovoltaic) America Conference 2011 in Philadelphia on April 5. We at Green Warrior are not surprised. This announcement follows news that solar stocks experienced 37% growth during the first quarter of this year.

The story continues to make several points that are of interest to individuals watching the solar market:

 

"We are growing faster than wind energy, faster than telecommunications, and, thank goodness, we are even growing faster than the mortgage foreclosure industry." — Rhone Resch

 

The industry experienced year-over-year growth in 2010 of 67 percent, based on sales of installed solar, said SEIA spokesperson Monique Hanis. Thie figure is from SEIA and GTM research's "2010 U.S. Solar Market Insight: Year in Review." "We haven't found any other industry that grew faster," she said.

 

We invite you to read the full story for yourself here.


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