From 2011 to 2016, Zpryme forecasts the residential solar market value to grow from $1.2 billion to $4.7 billion. During this time period, the market is projected to grow at 33% annually. Despite the current outrage over the failure of the government-connected solar-panel maker Solyndra and US solar manufacturers Evergreen Solar and SpectraWatt declaring bankruptcy in August and September the U.S. Department of Energy (DOE) said it was conditionally guaranteeing about $275 million of a $344 million loan package for the SolarStrong Project, under which San Mateo, Calif.-based SolarCity will install, own and operate up to 160,000 rooftop solar installations on as many as 124 U.S. military bases in as many as 33 states. The loan bundle is supporting just a serving of what SolarCity expects to be $1 billion in projects under SolarStrong. In Zpryme’s latest ETS Insights white paper the purpose of this report is to present a comprehensive look at the Residential Solar Power market in the US in relation to the Smart Grid.

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