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.
Here’s a very short video on the subject of metaphysics, the philosophy of being and reality.
It’s a great example of what I mean when I say that it has been a terrible last few centuries for philosophers.
In ancient times, if you wanted to know what the fundamental building blocks of the universe, you asked a philosopher, perhaps the ancient Athenian Democritus, who propounded the theory of the atom, which was, by definition, indivisible. Now we refer this question to the realm of particle physics.
Far more recently, those who struggled to know the ultimate nature of reality asked a metaphysician. Now, once again, we’ve put our trust in science.
I hope you’ll check out the video linked above.
As a PhD colleague once told me, “If you don’t care how much of pay for electricity, I’ll get you all the renewable energy you could ever ask for.”
They want you to invest. Have you ever asked why people with their own money at stake have abandoned these ideas 20 years ago?
At left we see why Lincoln would have done well to let the Confederacy cede from the Union. He could have simply written a letter to Robert E. Lee stating:
Keep your slaves and your land…for now. Wait until you experience the effects of near-zero industrial and military technology development and the civilized world’s refusal to trade with you barbarians. By the end of the 19th Century, a stiff breeze will blow you away. Maybe some future U.S. president will invade you with a troop of Boy Scouts with slingshots, or maybe a handful of banditos will ride up from Mexico.
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