Unprecedented growth seen for solar energy

February 9, 2009 | Source: PhysOrg.com

“To go from the 1 gigawatt of generation capacity that we have now [in the United States] to the 170 to 200 gigawatts called for by 2030 amounts to a 26 percent compounded annual growth rate over the next 20 years,” according to John Lushetsky, program manager of the U.S. Department of Energy’s Solar Energy Technology Program for Energy Efficiency and Renewable Energy.

Lushetsky predicted that the solar energy industry — including manufacturers, suppliers, and distributors — ultimately could employ 4 million people.