New domestic community solar installations are expected to reach 7.3 GW in existing state markets by 2029, according to the latest report released by Wood Mackenzie and the Coalition for Community Solar Access (CCSA).
Program pipelines remain strong in mature state markets, for now. Wood Mackenzie forecasts the national community solar market to grow at an average annual 5% rate through 2026 and then contract by 11% on average through 2029. Expanded program capacity and establishment of new state markets have the potential to add further uplift beyond 2026.
Under a bull case forecast scenario, Wood Mackenzie’s five-year outlook increases by 21% in existing markets compared to the base case, while there is a 20% decrease under a bear case. Alternative scenarios do not account for the establishment of new state markets.
According to the report, 3.6 GW of community solar is expected to serve low-to-moderate income subscribers by 2029. As of this year’s first quarter, Wood Mackenzie estimates that 829 MW of community solar directly serves LMI subscribers.
“The US community solar market has tripled in size since 2020, but growth is beginning to slow in existing state markets,” says Caitlin Connolly, senior research analyst at Wood Mackenzie, and lead author of the report.
“Additionally, the May 2024 decision on California community solar resulted in a significant 14% reduction to Wood Mackenzie’s five-year national outlook. Without a major market entrant like California, long-term community solar growth will largely depend on the enactment of legislation to enable new state markets.”
The post Community Solar to Reach 14 GW by 2029, Says Wood Mackenzie appeared first on Solar Industry.
Most 2GreenEnergy readers don’t live in California, and many don’t live in the United States, so they will be excused for not knowing that the Golden State’s wine industry is falling into the crapper. Young people are drinking far less wine than they were a few years ago.
Exactly why this is remains something of a mystery. Are they smoking more pot? Are they drinking more alcoholic sodas? Are they concerned about their health and longevity?
My guess is that they are less turned on by nuance.
They’re not listening to Beethoven; they’re listening to hip-hop. Music doesn’t produce an effect on their spirit; it produces an effect on their genitilia.
They’re not studying Plato; they’re getting their MBAs and going to Wall Street.
They say, “I should have did (something),” and when I want to correct their grammar gently, they want to slap me across the face.
These are different times, and they are not better times.
Some people may be, but, to a person, the foreigners I’ve met are deeply saddened, and terrified of the consequences of the Trump regime.
Their feeling is simply that America re-elected a convicted felon, rapist, and traitor who attempted to overthrow the U.S. federal government. If we’re willing to do that, we’re capable of anything, regardless of how depraved.
I’ve never understood why those who compose total bullshit like this don’t go for the gusto. Why 95% and not 99% or 100%?
Trump’s actual approval rating among Republicans is somewhere between 75% and 80%, as can be easily verified by anyone on Earth with a cell phone or computer. That number continues to dwindle, as he faces more pressure regarding the war, gas prices, child rape, etc.
Obviously, the president’s supporters are suckers for his lies, but isn’t this a bit over the top?
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