According to GTM Research and the Solar Energy Industry Association’s latest quarterly U.S. Solar Market Insight report, the U.S. installed 4 megawatts of concentrating solar in the second quarter of 2011.
The total quarterly installed capacity can be attributed to three concentrating photovoltaic (CPV) projects, 2 megawatts in Arizona, 1 megawatt in CA, and 1 megawatt in New Mexico, and marks the largest quarter for CPV installations in U.S. history. However this record is likely to be broken soon — the Cogentrix 30 megawatt Alamosa Solar CPV installation in Colorado closed a $90.6 million loan guarantee from the Department on Energy in September and is expected online by the end of the year.
Though no concentrating solar-thermal power (CSP) projects came online in the second quarter, installed capacity is expected to increase significantly in the next few years. The U.S. currently has a CSP project pipeline of over 7 gigawatts, with 57 megawatts of concentrating solar expected online by the end of the year. Additionally, in September the Department of Energy finalized loan guarantees for multiple CSP projects; Ivanpah (370 megawatts) received $1.6 billion, Crescent Dunes (110 megawatts) received $737 million, and Abengoa Mojave Solar received $1.2 billion.
The Editorial Team at SolarFeeds is made up of knowledgeable solar industry insiders and experts who have a passion to share valuable, helpful and educational information. Aiming at becoming the best place to learn solar, the publication partners with industry thought leaders, journalists and influencers. If you want to publish your articles on SolarFeeds Magazine, click here.