Here’s why 2015 is the ‘tipping point’ for community solar

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“As utilities wake up to the value proposition, it will increasingly shape the market”

With many utilities addressing the challenge of rooftop solar, community shared solar is fast emerging as an appetizing solar business model. A top solar research firm now says 2015 is the year that the community solar market breaks through.

new market report forecasts community shared solar developers will grow 2014’s 65.9 MW of cumulative installed capacity to 465 MW by the end of 2016. A 59% annual growth rate for the sector over the next five years will take the 21 MW installed during 2014 to 534 MW installed during 2020, it predicts.

“There may have been more articles about community solar than projects brought online to date,” joked GTM Research Sr. Analyst Cory Honeyman, co-author of U.S. Community Solar Market Outlook 2015-2020. “But 2015 is the tipping point year when community solar becomes a relevant sector in the broader U.S. solar opportunity.”

Read the rest of the article at UtilityDive.com

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John Fitzgerald Weaver
Solar Power Plant Project Developer at Commercial Solar Guy
John Fitzgerald Weaver is a solar developer, digitally as the 'Commercial Solar Guy.' As a project developer and installer, he’s sold and managed 50+ solar projects, totalling over $25 million - with their sizes ranging from 5kW to 1500kW. He’s been involved in many aspects of the solar supply chain – as a company founder, developer, project manager, manufacturer, permit runner, salesman, contractor and financier, climbs mountains, played football, enjoys an IPA or scotch, needs to get away, and really loves this strange connection between politics, energy, finance, environment, etc in the energy world, and likes run on sentences.