NewEnergyNews: Community Solar Rising On IRA Support/


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    Wednesday, February 22, 2023

    Community Solar Rising On IRA Support

    US community solar set to double in five years as the IRA creates optimism

    Will Norman, February 15, 2023 (PV Tech)

    “…[U.S. community solar deployment of relatively small-scale solar projects that serve local communities is expected to more than double over the next five years as the sector sees] benefits from the Inflation Reduction Act (IRA) taking hold…2022 saw 1.01GW of community solar installed across the US, a fall from 1.19GW in 2021…[because contraction of industry-wide supply chains pushed] some projects back into 2023…[I]nterconnection delays in some states have caused a drop-off in community solar deployment…

    …[But] at least 6GW of community solar is expected to come online in existing markets between 2023-27…[as the market grows] by 118% over the next five years…[The Coalition for Community Solar Access, or CCSA,] has set a target of 30GW of community solar installed by 2030, which it said will require continued growth in established markets and the opening up of new state markets across the country…The U.S, has 5.2GW deployed as of the end of 2022, of which 49% is held by the state of New York…

    …[N]ew state markets may start opening up in Michigan, Ohio, Wisconsin, Pennsylvania, and Washington which could add 605MW together by 2027…As with most segments of the US renewable energy landscape, the Inflation Reduction Act is a major factor driving growth as tax credits and adders attract developers…[Provisions of the IRA open up opportunities for low income and non-profit entities to receive funding for climate change projects…” click here for more


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