Even If Solar Grows 30X, It Will Only Be 4% Of America’s Power Capacity

On Monday morning, Bloomberg New Energy Finance, a major aggregator of green industry data released a few key projections: the US solar market is on track to grow 30x to 44 gigawatts by 2020 and could make up 4.3% of America’s total power capacity. Of this fraction, the bulk (or approximately 68%) will be in photovoltaics with solar thermal making up the remainder.  Furthermore, Bloomberg predicts that consumer traction will also move noticeably higher, with 2.4% of homes solar-equipped by 2020.

More here: http://techcrunch.com/2010/10/25/even-if-solar-funding-vc-bloomberg-photovoltaic/