Environment Forum

Why the solar industry is booming while the wind business faces tough year

By Todd Woody
December 17, 2010

RTR2GMCH.jpgThese days there’s not a lot of industries that can report booming growth year after year (the one-company juggernaut that is Apple excepted). But it’s blue skies for the photovoltaic industry, according to a new report showing that solar installations in the United States are expected to have grown 62 percent in 2010 from the previous year.

Report: U.S. utility-scale photovoltaic industry set to boom

By Todd Woody
November 30, 2010

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With NRG Energy’s announcement on Tuesday that it will invest $450 million investment in a California photovoltaic project, the New Jersey-based power provider has pledged a total of $750 million for big solar plants in the past two months.