California solar installations jumped 26% in 2012
California had a banner year in solar installations in 2012, bringing the state 391 megawatts closer to its goal to install 3,000 megawatts by 2017.According to a California Solar Initiative progress report by the Public Utilities Commission, those additions represent a 26% growth from 2011. The state is now equipped to produce 1,629 megawatts of solar energy across completed projects at nearly 168,000 sites -- enough to power 150,000 homes.
'Solar power cheaper than coal'
Solar is increasingly becoming one of the cheapest energy sources, even compared to large conventional power plants. Bernhard Beck, chief executive of solar power plant builder Belectric, sees a large market for growth.
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