North American Ground Mount PV Utility Market - Installation is expected to Reach 4,068 MW in 2016: Transparency Market Research

North American Ground Mount PV Utility Market - Installation is expected to Reach 4,068 MW in 2016: Transparency Market Research PR Newswire ALBANY, New York, June 5, 2012 ALBANY, New York, June 5, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "North American Ground Mount PV Utility Market - Industry Analysis, Size, Share, Growth and Forecast, 2011 - 2016"; Ground-Mounted PV installations in North America reached 913 MW in 2011 and is forecasted to reach 4,068 MW in in 2016 at a CAGR of 34.8% from 2011 to 2016. Pile-ground mounting system dominated the market with more than 50% installation in 2011. Pile-ground mounting system is expected to grow with the highest CAGR of 36.6% from 2011 to 2016, followed by pole ground mounting system at a CAGR of 33.9% for the same period. Browse the full report athttp://www.transparencymarketresearch.com/north-american- ground-mount-pv-utility-market.html The Solar PV market is witnessing healthy growth in the North American region with strong customer demand and financial support from the governments. The capacity of photovoltaic (PV) installed in 2011 were doubled as compared to 2010 with installed grid connected capacity to 2.34 GW. North American Ground-Mounted PV Utility Installations are expected to reach 4,068 Megawatt by 2016 from 912 Megawatt in 2011.