RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Despite Economic Crisis, Solar Energy in High Demand

Home News
March 22, 2009, 1 pm
Reading Time: 2 mins read

RISMEDIA, March 23, 2009-The Solar Energy Industries Association (SEIA) released its 2008 U.S. Solar Industry Year in Review, highlighting a third year of record growth. SEIA reports 1,265 megawatts of solar power of all types were installed in 2008, raising total capacity by 17% to 8,775 megawatts (MW). The 2008 figure included 342 MW of solar photovoltaic (PV), 139 MW of solar water heating, 762 MW of pool heating and an estimated 21 MW of solar space heating and cooling.

SEIA president and CEO Rhone Resch stated: “Despite economic pressures, solar energy demand grew tremendously in 2008. Solar is an emerging economic engine, creating thousands of jobs, unleashing billions in investment and building new factories nationwide.

“To continue growing, create jobs and meet renewable energy goals, we need smart federal policies, like a renewable portfolio standard designed to deploy solar resources. Today’s technology combined with the right policies will help us double U.S. solar production and move to a clean energy future.”

SEIA chairman Roger Efird, president of Suntech America, Inc. added: “The growth of solar manufacturing jobs in the U.S. was a breath of fresh air for communities hit hard by the recession. The recently enacted manufacturing tax credit will encourage companies, to invest in new U.S. operations. With the right policies, solar deployment will continue growing and create thousands of new green-collar manufacturing jobs in states where they are needed most.”

Report highlights include:

-Overall U.S. solar industry capacity increased 17%. Installed grid-tied PV increased 58% in 2008 and grew at a faster rate (81%) compared to 2007.
-Installed grid-tied PV increased by more than 18,000 installations in 2008 (a growth of more than 27%) compared to 14,306 installations in 2007.
-More than 6 GW (6,090 MW) of utility-scale CSP plants are in the pipeline.
-PV manufacturing capacity increased 65% while production increased 53%.
-Solar water heating installation increased 50% in 2008 (139 MWTh) over 2007 (93 MWTh).

For more information, visit http://seia.org.

Paige Tepping

Paige Tepping

As RISMedia’s Managing Editor, Paige Tepping oversees the monthly editorial and layout for Real Estate magazine, working with clients to bring their stories to life. She also contributes to both the writing and editing of the magazine’s content. Paige has been with RISMedia since 2007.

Related Posts

Rising Rates Result in Mortgage Application Reversal
Industry News

Rising Rates Result in Mortgage Application Reversal

April 1, 2026
Painting
Agents

Strategic Painting Upgrades to Boost a Seller Home’s Value

April 1, 2026
Staying Ahead in a Shifting Market
Brokers

Staying Ahead in a Shifting Market

April 1, 2026
Compass
Agents

Newly Promoted Compass Exec Talks Private Listings, Bringing Tech to Anywhere Brands

April 1, 2026
eXp
Agents

eXp, Weichert Get Settlement Sign-Off in Copycat Lawsuit, Paying Over $44 Million

April 1, 2026
Affordability
Industry News

Housing Affordability Sees Minor Improvements Despite Historic Gap: Report

April 1, 2026
Tip of the Day

Are You Earning What You Should?

If your split, fees or support no longer match your production, a FREE self-assessment can reveal whether your brokerage is costing you growth and income. Download now.

Business Tip of the Day provided by

Recent Posts

  • Rising Rates Result in Mortgage Application Reversal
  • Strategic Painting Upgrades to Boost a Seller Home’s Value
  • Staying Ahead in a Shifting Market

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2026 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2026 Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2026 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X