Top this, top that—it’s a busy week for solar lists and records. GTM Research recently put together a list of the top residential solar installers in the first three quarters of 2011. With well over 2,000 installers in a market of over $2 billion (in 2011), to top that list is clearly a feat,.. but it’s a feat accomplished without any doubt by one company, a company you must have heard of by now. The company is SolarCity, and it’s gobbled up a pretty astounding 14% of national market share (as a reminder, GTM Research has over 2,000 installers in its database).
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The top 20 installers took 49% of the solar installation market in the first three quarters of 2011. That means, of course, that the other 99% or so took 51% of the market. This is down from 66% in 2010.
That may sound like an increasing wealth distribution matter to us highly equality-minded folks, but the fact if the matter is, as markets mature in the U.S., consolidation occurs. This is yet another sign of the solar market growing up a bit.
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