US Solar Photovoltaic Pipeline Grows to 43 Gigawatts

The pipeline of solar photovoltaic (PV) projects awaiting completion within the United States has grown by 7% during the past 12 months, and now exceeds 43 gigawatts (GW), which is enough to power more than six million US households.

Whereas large projects in excess of 100 megawatts (MW) previously dominated the US PV pipeline, growth is now being driven by smaller projects up to 30 MW in size, according to the latest NPD Solarbuzz United States Deal Tracker report.

The growing project pipeline remains a key factor in driving the positive outlook for the US PV industry, which is now forecast by to become the third-largest solar PV market globally in 2014, after China and Japan.