U.S., A Net Exporter of Solar Goods!
U.S. PV-related imports in 2009 totaled $1.6 billion while exports totaled $2.3 billion, making the U.S. a net exporter of PV goods by $723 million. Key export goods included polysilicon and modules, while modules and inverters were the most prominent imported goods. China and Mexico were the locations that contributed the most to imports, while Germany, Japan, and China were the most prominent export destinations. 2009 U.S. solar energy installations created a combined $3.6 billion in direct value, of which $2.6 billion (74%) accrued in the U.S. 81% ($2.1 billion) of the domestic value created by solar in the U.S. came from the PV sector. A total of 435 megawatts (MW) of grid-interactive PV systems were installed in the U.S. in 2009 at a capacity-weighted average price of $6.90/W, indicating a total value of $3 billion for the U.S. solar PV market. We are excited that this market is growing and growing fast. Where will the numbers be in 2 years or 5 years? There is no doubt that Solar is great for the U.S economy with a net exporter of PV goods of $723 million wouldn’t you agree?
