Dive Summary:
- The U.S. will see 3-4 gigawatts of wind turbines installed in 2013, and even more in solar projects, according to Gregory Wolf, president of Duke Energy Renewables.
- Falling solar panel prices (more than 60% over two years) and uncertainty over a wind-related federal tax credit are contributing factors in Wolf's prediction, which if true would mark the first time that solar project installations out-paced wind installs in the country.
- Bloomberg reports that the U.S. install as much as 3.9 gigawatts of solar power in 2013 after installing 3.2 gigawatts in 2012.
From the article:
The U.S. will add more solar power in 2013 than wind energy for the first time as wind projects slump and cheap panels spur demand for photovoltaic systems, according to the head of Duke Energy Corp. (DUK)’s renewable-energy development unit. ...
