Community solar in the US could be a market worth as much as US$2.5 billion in revenues by 2020, but accommodating it will require a rethink of utility business models, a new report by Navigant Research claims.
The chief of California’s bulk transmission system operator has slammed net metering as a “subsidy” of wealthy households by poorer ones, claiming it represents an “economic justice issue”.
Bluewave, a Boston-based developer of solar projects, claimed that it has “secured US$100 million” for community solar from a subsidiary of multinational investment house Morgan Stanley.
