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U.S. Solar Jumps 66% in First Quarter on Incentive, Prices

The amount of solar energy capacity installed in the U.S. increased 66 percent in the first quarter as panel prices fell and developers took advantage of expiring government incentives, a trade group said.

Developers installed 252 megawatts of photovoltaic power systems in the first quarter, compared with 152 megawatts a year earlier, according to a report released today by the Washington-based Solar Energy Industries Association and GTM Research.