The solar industry is still booming, although you may not want to mention that to some of the solar panel manufacturers that have recently gone out of business. The industry is in a boom cycle worldwide but especially in the US, as reported in Greentechmedia.com. The U.S. will reach the 10 gigawatt mark of solar installed later this year, which only a few years ago seemed like a reach goal. The article quotes the president and CEO of Sunpower, who maintains that this boom has thrust solar into the mainstream of energy supply in the U.S. Solar energy can now compete with traditional energy sources. But to keep things in perspective, to harness even a one percent market share would mean that the industry would have to grow ten times its current size, according to Sunpower's CEO. We are not sure of these statistics, but the fact is that solar contributes still only a very small portion, way under 1%, of the nation's energy needs.
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