Solar panel shipments to soar 30 percent in 2014

Ethan Miller/Getty Images

Solar panel shipments to soar 30 percent in 2014
(Image credit: Ethan Miller/Getty Images)

Growth in solar energy increased a lot last year. One third of new power resources brought online in the U.S. last year was from solar.

According to a new report out of the Solar Energy Industries Association and GTM Research, solar power had a record year in 2013, with 4.75 gigawatts of solar energy systems installed, including 2 gigawatts in just the fourth quarter alone.

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John Aziz is the economics and business correspondent at TheWeek.com. He is also an associate editor at Pieria.co.uk. Previously his work has appeared on Business Insider, Zero Hedge, and Noahpinion.