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June 12, 2015 06:00 am

Solar Power Capacity Installs Surpass Wind and Coal For Second Year

Lucas123 writes: Residential rooftop solar installations hit a historical high in the first quarter of 2015, garnering an 11% increase over the previous quarter and a 76% increase over the Q1, 2014. New installations of solar power capacity surpassed those of wind and coal for the second year in a row, accounting for 32% of all new electrical capacity, according to a new report by GTM Research and the Solar Energy Industries Association. Residential solar installation costs dropped to $3.46 per watt of installed capacity this quarter, which represents a 2.2% reduction over last quarter and a 10% reduction over the first quarter of 2014.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/DB-zwXOxwPI/solar-power-capacity-installs-surpass-wind-and-coal-for-second-year

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