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.
A friend from Texas writes: It’s been an interesting week! A lot to reflect on. And Texas seems to be the epicenter. Folks are pretty flabbergasted over the defeat of all statewide Republican candidates (including state supreme court justices) and the election of a Democratic party-controlled state house.
Yes, Texas blew everyone’s mind. I think what the GOP experienced was a double-whammy if you will.
Consumer prices are high, due at least in part to Trump’s inane and illegal war in Iran. This is impacting the lives of working class Americans.
and
I’m pleased to be able to report that many people still have a conscience, which causes them to reject the GOP’s cruelty, dishonesty, dismissal of science, and criminality.
As shown here, white men, especially uneducated white men, are still not able to see that Trump is terrible for America.
If the last two years didn’t change that, it appears that nothing will.
The vast majority of Americans are thrilled that the midterms brought us the “blue tsunami,” but there are a couple of things that don’t really add up. You may have noticed that:
The U.S. wants a random alcoholic Fox News “journalist’s” head on the plate for having orchestrated the war in Iran, when all he was doing was pursuing his loyalty to Donald Trump, the man who started this asinine and grossly illegal war.
There seems to be no effort to cause Trump, who tried to violently overthrow the U.S. federal government, to face accountability for his treasonous acts.
What’s up with the media? Is there a concerted effort to avoid the facts? What’s the problem with honesty, and telling Americans the truth? Isn’t this the clearest instance of gaslighting in our history? Are we now trying to pretend that Trump never existed?
If such a landslide victory against a would-be autocrat had happened anywhere else on Earth, that traitor would be in prison now, in most cases facing execution.
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