Solar Industry Projections

Solar Industry Projections

What are the solar industry projections for the great solar boom in the climate-energy era? As the country begins climbing out of recession, it is going to require increasing public acceptance of solar energy to get the economic engine fired up.

Solar industry projections provide that the uneven supply and demand ratio characteristic of 2009 will be balanced out this year due to strong demand in the Asian and U.S. markets.  These markets will help increase the global solar usage to 9.3 GW in 2010.  This would translate into a market value of U.S. $39 billion.

Decreasing prices in solar equipment and materials should open up new markets allowing for the industry to reach a United States $77 billion value with 26.4 GW of capacity in 2015.

A huge role in the growth of the solar market will be the demand for solar technology in China.  Currently, China is the largest single manufacturer of solar products in the world but not a huge buyer of them.  China will have to deploy solar technology as they have a significant impact on global warming and the energy crisis.  According to most solar industry projections, China will be the largest solar market in the world in 2015.

Supply and demand will only be restored to its equilibrium once the market experiences some company failures and lowered utility rates.

Ted Sullivan, senior analyst at Lux Research and author of the new report "Solar's Shakeout: Europe Loses Leadership as China Rises", cites that solar installations will rise at an annual rate of 23% between 2010 and 2015.  Yet, revenue will only grow annually by 14% due to falling solar equipment prices.

With the projection of 26.5 GW of solar deployed in the United States in 5 years (currently just over 1 GW), there is plenty of room for expansion in the solar industry. As energy prices rise in the future, demand for solar will increase dramatically, creating jobs increasing revenue of strong solar companies.

Searching for an way into the solar industry? We can help!

We have consultants standing by to help you decide where you fit in solar.

Rich Hessler Solar

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Online Solar Courses - PV Courses

In the distant past, one's occupation was rarely questioned. Men typically followed in their father's footsteps, learning a specific skill over a life-long course. Today, men and women have every opportunity imaginable at their fingertips. Although many do follow their parents' footsteps, most venture on a different occupation path. With this freedom comes the ability and desire to change careers. With the recent recession (2008-2010+), many individuals have lost their jobs and become confused about where to take their lives next. 

One emerging industry, renewable energy, specifically solar, has claimed many individuals seeking a new career in a blooming industry. With a large workforce and little training/knowledge of solar has come the emergence of solar courses. These courses provide information and skills for individuals interested in transitioning into the solar industry.

Solar courses are courses focusing on training hard-working professionals from various industries to understand how solar works, install solar systems, sell pv solar systems, and research solar technology. Solar courses are extremely rewarding. They inspire individuals to protect the earth through sustainable energy resources, help homeowners manage large electricity bills, and alleviate the demand for energy.

While taking a solar course, students learn what a solar panel is, how to set up a solar system, solar-lighting options, solar-thermal water heating (pools and hot water), and more. Throughout the course, students receive hands-on training to perform tasks required upon graduation. By the end of the solar course, students are qualified in installation, construction, design, business-management, sales, or marketing.

Taking advantage of current technology, courses are offered both in the classroom and online. The courses vary in length, some, like Rich Hessler's Solar Sales Training, lasts 2 days while others, like Mira Costa College's Solar Installation Course, lasts one week. 

Solar courses are being taken by both young individuals desiring a career in solar and seasoned professionals of other fields, wanting to change career paths to a new, blooming industry.

If you are interested in solar, taking a course is typically the easiest way into the industry. Do your research online or consult an individual in the field.

Solar is a blooming industry. With energy prices destined to increase as supplies continue to diminish, solar will only become more economically feasible and demanded.

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