Drivers of community solar in the US
In the race to deploy terawatts of solar power capacity across the US as a means to achieve the country’s clean energy targets, an often neglected area of deployment is community solar. There is at present around 4GW of community solar deployed in the country but the potential market size is more than ten times that when accounting for the various project pipelines that currently exist. And the speed of deployment is increasing.
Last year saw 1,154MW of community solar deployed in the US, up 29% year-on-year. And experts have commentated on a ‘paradigm shift’ when it comes to how the technology is viewed, with simpler, streamlined business models emerging and increasing financier appetite coupled with greater consumer appreciation driving the sector forward.
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Source: PV Tech
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