In the 3rd quarter of 2016, the United States installed 4,143 MW of solar power per a report released by Greentech Media’s Research Team – 191% greater than Q3’15. This volume represents the largest quarter in US history, even larger than the historically largest 4th quarters during the prior decade. Q1+Q2+Q3 of 2016 have already surpassed all of 2015’s total install amount. The 4th quarter is expected to be even larger – leading to all of 2016 to be 88% greater than 2015. It looks like Americans installing solar power and the Department of Energy are turning their nose up to Donald Trump’s Chinese Hoax.
GTM Research showed aggressive total system price drops of 5-7% in a single quarter (that would compute to 20-28% if sustained over the course of a year). These price drops were related to the ultra-aggressive bidding we saw in the Middle East earlier this year – as the biggest bidders saw …
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