Applauding a record-breaking year, GTM Research and the Solar Energy Industries Association (SEIA) today released the U.S. Solar Market Insight 2014 Year in Review report, the definitive source of installation data, forecasting and policy analysis for the U.S. solar market. Newly installed solar photovoltaic (PV) capacity for year reached a record 6,201 megawatts* (MW), growing 30 percent over 2013’s total. An additional 767 MW of concentrating solar power (CSP) came on-line in the same period.

Solar accounted for 32 percent of the nation’s new generating capacity in 2014, beating out both wind energy and coal for the second year in a row. Only natural gas constituted a greater share of new generating capacity.