Genesis Morocco: Solar Power International Draws Record Numbers, Reflecting Industry Momentum


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Genesis Morocco

Project Genesis is a strategic sustainable development framework for Morocco to translate from being a net importer of energy and a country facing water shortage issues, into the number one producer both of clean renewable energy and water in the region.

Tuesday, October 27, 2009    <<Home

Solar Power International Draws Record Numbers, Reflecting Industry Momentum

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Despite the the poor economy, Solar Power International, the planet’s largest solar industry conference, expects record attendance of about 25,000 this year, according to Rhone Resch, President and CEO of the Solar Energy Industries Association (SEIA). That new record reflect solar power’s growing importance in this country, as the United States wakes up to the importance of renewable energy.

The conference, co-sponsored by SEIA and the Solar Electric Power Association (SEPA), officially starts today at the Anaheim California Covention Center, running through this Thursday.

The Future Looks…Bright.

Solar accounts for 13% of all new utility announcements and filings this year, up 6% from 2008, according to the Edison Electric Institute. Resch of SEIA, said solar is now a “mainstream” power source, alongside fossil fuels and nuclear energy.

Indeed, 2009 has been in many ways a banner year for solar. A spate of development announcements, from Oregon to Inner Mongolia, highlights future growth potential. Stimulus funds and a generally pro-renewable energy stance from the current White House have also buoyed the industry through tough times. While a market glut in photovoltaic panels has pushed down prices, lower prices have also meant increased interest in roof-top solar panel installations from individuals and businesses.

Just as important, the industry has enjoyed more and better press, as the above factors, combined with interest in “green jobs,” and the expansion of “green” and “sustainable” news coverage in general has meant more news stories about solar power — as shown in data from Google News. The increased coverage has pushed solar power into the consciousness of consumers who might normally have never consider it.

//report by BC Upham for 3P