Key trends in this Quarterly Update include: IHS EER estimates that Q1 2012 solar installations were approximately 456 MW. Ontario lowered its feed-in tariff (FIT) by over 20% and proposed restrictions on future solar photovoltaic (PV) siting. Utah loosened restrictions on commercial-scale solar PV with the passage of Senate Bill 12, which allows a customer to buy renewable power from a non-utility company. Connecticut launched a 30 MW residential solar PV program backed by US$40 million in funding. Merger and acquisition (M&A) activity in Q1 2012 remained vibrant, with 14 deals struck that collectively involved 354 MW of projects under development and 31 MW of operating projects.
Key trends in this Quarterly Update include: