As the US solar energy market remains a worldwide leader in clean energy mergers and acquisitions, experts predict that it will continue to attract new investors.
The attractiveness of the solar sector can be due to the variety of solar installation types and the different financing models available for commercial, residential or municipal projects. According to a top accounting and consulting firm, another attraction to the solar industry for investors is the fact that solar power projects can be seen as stable assets with predictable returns.
Survey results showed that out of a group of investors surveyed, 63% would like to invest in solar photovoltaic (PV) projects. In 2012, the United States installed 3 gigawatts (GW) of solar power, with additional contracts for the installation of 5 more GWs to come in 2013.
Within the United States, California has become the leader in the production of solar power. California passed the 2,000 megawatts (MW) mark this past Friday, on June 7th. The 2,000 MWs produced on Friday, is equivalent to 5% of California’s overall energy demand. California, and the United States as a whole, still lag being Germany in terms of total solar installations YOY. With advances in technology, reduced prices in solar modules and the availability of solar financing models, more investors than before are looking to invest in the United States’ solar industry.
