community solar

Between 2024 and 2028 the US community solar market is expected to add 7.6GW of new capacity in existing state markets, according to a report from Wood Mackenzie and the Coalition for Community Solar Access (CCSA).

The US has the potential to add nearly 1TW of community solar capacity if all technically viable community solar is deployed, according to the National Renewable Energy Laboratory (NREL).

Appetite to invest in US community solar projects has seen increased interest since last year, boosted by the Inflation Reduction Act.

Standard Solar has acquired an 84MW community solar portfolio in the US state of Illinois, at which it plans to begin construction this year.

US community solar developer Summit Ridge Energy has selected Castillo Engineering to provide design and engineering services on an 82MW portfolio of projects in Illinois, US.

Altus Power has acquired an 84MW portfolio of commercial-scale projects from global firm Vitol, in a deal valued at US$118 million.

Community solar developer Reactivate has partnered with US retailer Walmart and US Bancorp Impact Finance, a subsidiary of financing entity US Bank, to develop solar projects in Illinois and New York, US.

US community solar company Nautilus Solar Energy has signed a US$72 million tax equity deal with institutional investment management firm Foss & Company for a 62MW solar portfolio.

Distributed energy platform Scale Microgrids has acquired over 500MW of community solar and energy storage projects across several states in the US from Netherlands-based developer Gutami.

New York State has announced plans to speed up the permitting process for distributed renewable energy and transmission projects, alongside an initiative to boost access to community solar.