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SNL covers AEE's Market Report: "Wind, solar revenues grow to $37B as advocacy shifts to grid access"

Posted by Advanced Energy Economy on Mar 3, 2016

The revenues for both wind and solar are up over 2015, writes Michael Copely in SNL, using AEE's 2016 Market Report as evidence. From the article: 

Revenue in the U.S. wind and solar power markets grew to $37 billion in 2015 as the broader "advanced energy" sector expanded about 1% to $200 billion, Navigant Research and Advanced Energy Economy said in a March 3 report.

Solar photovoltaic revenue was up 21% last year at $22.6 billion while wind revenues grew 75% to $14.4 billion. Revenue in the building efficiency sector, the biggest slice of the advanced energy market, increased almost 11% to $63.6 billion. The emerging storage market expanded by more than 1,000% to $734 million, according to the groups' report, "Advanced Energy Now 2016 Market Report."

Read the full article here.

Topics: United In The News