Solar Power's Growth Outshines Even the Sun

SOLAR POWER'S GROWTH OUTSHINES EVEN THE SUN U.S. Solar Capacity Growth Outshines the Rest 2x Every 2 minutes a new solar project is underway America's solar capacity is powerful enough to support 4.6 million homes Solar power capacity is expected to double in 2016 In the first half of 2015. 40% of all neww energy was solar powered 41% of Americans live within 20 miles of a solar 784.000 homes and Top 25 corporate users have doubled solar capacity businesses have already gone solar installation Solar Investment Tax Credit The ITC has lowered solar Commercial installers get a 30% costs by 73% since 2006 solar investment write-off Cost of Solar Declining Rapidly Top 5 Solar States in 2015 45% 840 MW 76 MW California North Carolina Utility-scale solar is only $0.05 per kilowatt-hour Residential costs have plummeted 45% since 2010 73 66 MW MW Nevada New York 56 Commercial solar cost has fallen drastically: 45% since MW 2012 Massachusetts Utility-Scale Solar 12.5% The state's biggest utility has a whopping 13 solar farms North Carolina outshines the North Carolina will be competition in utility-scale projects: 4,000 MW under development 12.5% solar powered by 20 9.9 million California utilities generate 3.700 MW from the sun 5% of California's utility power comes from solar California's utility solar plants: 9.9 million megawatt-hours and growing Utility solar makes up over 60% of all solar in California, North Carolina and Nevada Sources: http://www.seia.org/sites/default/files/Q2%202015%20SMI%20 Fact%20Sheet.pdf http://www.seia.org/research-resources/solar-industry-data http://www.fool.com/investing/general/2015/11/11/7-stats-ab out-solar-energy-that-will-blow-you-away.aspx http://www.eiagov/todayinenergy/detailcfm?id-20492 E ELEMENTS CAPITAL GROUP