US community solar capacity to exceed 14GW by 2029
- Admin
- Aug 13, 2024
- 1 min read
The US community solar market is expected to grow at an average annual rate of 5% until 2026, and then contract by 11% per year until 2029. Analysts Wood Mackenzie and CCSA anticipate adding 7.3GW of new capacity by 2029. The report highlights the challenges and opportunities in the community solar sector, including tax credit adders, federal grants, and increased access for low-to-moderate income communities. Investment interest is growing, with potential for corporate investors to participate.
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