December 14, 2010
According to an independent study by GTM Research, U.S. solar installations created $3.6 billion in direct value to the global economy in 2009. Of that, nearly 74 percent, or $2.6 billion, directly benefited the U.S. economy. Eighty-one percent of the domestic value created in the solar industry came from the photovoltaic (PV) sector, with concentrating solar power (CSP) and solar heating and cooling (SHC) making up the remaining 19 percent. The U.S. was a net exporter of solar energy products in 2009, led by the $1.1 billion in exports of polysilicon, the primary feedstock in most PV cells. For PV, China and Mexico contributed most to imports, while Germany, Japan and China were the most prominent export destinations.
View the press release here.