US community solar to double by 2029, says Wood Mackenzie
- Admin
- Aug 13, 2024
- 1 min read
Wood Mackenzie released a report updating the current market size of community solar in the United States. It forecasts that community solar installed capacity will essentially double in five years. The US community solar market has tripled in size since 2020, but growth is beginning to slow in existing state markets. Wood Mackenzie also mentions the impact of various scenarios on the growth of community solar, including the influence of new state markets and federal incentives. The report highlights the expected increase in community solar serving low- to moderate-income households by 2029.
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