Community solar: A growing opportunity within commercial real estate

America’s Solar Surge

As the U.S. invests in renewable energy, solar power continues to gain momentum, with installations growing by 22% annually over the past 10 years1 and 51% in 2023 alone.2 According to the Solar Energies Industry Association, this growth has been driven by:

• Reduction in costs for solar photovoltaics (PV) installations
• Rising demand for sustainable electricity from both public and private sectors
• Federal policies like solar Investment Tax Credit (ITC) and, more recently, the Inflation Reduction Act (IRA)

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Source: CSR Wire

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