Set 1.7 GW from US Community Solar in 2024

The US Community Solar Market installed a record of 1.7 GWDC capacity in 2024, an increase of 35% compared to 2023, a new report. In cooperation with the Coalition for Community Solar Access (CCSA), Wood Mackenzie also published and also describes how long -term growth in balance depends on both the national and the state level.

According to the report, the growth of the last year was led by New York, Maine and Illinois. All three states broke annual records and made 83% of national volumes. Cumulative solar installations in the community are now 8.6 GWDC.

“We saw impressive activities in 2024, which led to our strongest year for solar growth in the community,” said Caitlin Connelly, Research Analyst and Senior Author of the Report. “Despite impressive installation volumes from 2024, the best state markets are quickly saturated and cannot maintain the same growth in the long term. In addition, the emerging countries have only increased slowly, and program size caps limit the growth potential in these countries to compensate for a decline in the larger markets. ”

As a result, the National Community Solar growth in Wood Mackenzie's base case will complete 8% annually by 2029, which is installed in more than 15 GWDC cumulative community solar. Depending on how political changes and networking reforms develop, the growth prospects can vary greatly.

“Although the new US administration has heated extreme uncertainty in the US sun sector, material measures have so far only led minimal changes to our basic case outlook,” said Connelly. “In a low case that represents an extreme disadvantage scenario, however, our five -year outlook is 40%compared to the basic case. In contrast, the business leads to a high case outlook by 37% higher than in the basic case as usual at the federal level and the quickly improved improvement in state politics and the networking conditions. ”

Potential new state markets

An area of ​​the boost could come from new state markets that have proposed laws for municipality of solar programs. Last year, legislation in Pennsylvania, Ohio, Missouri, Iowa, Georgia, Washington and Wisconsin continued to progress and signals strong support from the cross -party cross -party and the potential for the expansion of the new market. Community Solar is also included in important state energy plans such as Pennsylvania's Lightning Energy Plan, which increases the value for legislators and supervisory authorities. If everyone has passed, new municipality of Solar State Markets will have the potential to increase the basic case outlook by at least 16% by 2029.

“Since the opposition continues solar programs in the determination of new legally enabled community, developers develop their business models and research new ways for the development of the common measure” The demand, since they can be used quickly, are quickly scaled and built up close to the customer load. ”

LMI customers could expand

The solar capacity of the community, which serve directly to medium to medium -heavy income subscribers (LMI), focuses on New York and Massachusetts. The two states comprise 49% of the 1 GWDC of LMI-rising community Solar, which emphasizes the continued dependence on state and federal incentives to increase the LMI capacity. In total, LMI subscribers make up 14% of the total solar capacity of the community.

Stricter LMI subscription requirements on emerging state markets will lead to an LMI capacity, which will make up almost 18% of the total solar capacity of the community by 2026. The uncertainty of the federal government in relation to the LMI communities Addierer and Solar for all financing could potentially restrict the long-term growth of the LMI capacity.

Developers and owners of the asset owners are still consolidated

The five most important solar installers in the community secured 19% of the market in 2024, of 25% in 2023. The Top 10 Community Solar Asset owners secured 54% of the capacity that were installed in 2024, and 40% of the cumulative capacity. The top owners of Asset include Nexamp, Aes Clean Energy and Nautilus Solar.

“The record growth of Community Solar in 2024 is a clear sign that the demand for affordable, distributed energy is stronger than ever,” said Jeff Cramer, CCSA President and CEO. “This record growth comes at a time when the demand from customers and the network for solar of the community has never been higher. However, the obstacles to the satisfaction of this demand – such as the connection delays and the senior butcher – are dozens of gigawatts new more local, $ 10 billion in investments and millions of customers on the edge. With increasing dynamics to cope with these challenges, the potential for persistent record growth remains strong. ”

Tags: Coalition for Community Solar access, Community Solar, Wood Mackenzie