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.
US residential and commercial PV provider SolarCity has raised US$131 million through a new tax equity fund in order to finance residential, commercial and military solar projects.
A new poll commissioned by The Alliance for Solar Choice sheds light on the impact that solar could have on independent voters in swing states during the upcoming US presidential election.
US-based residential solar firm Sunnova Energy has secured US$300 million from private equity firm Energy Capital Partners (ECP) to continue its growth in the residential solar sector.
Record installations expected in 2016 will put the US within a stone’s throw of challenging China’s position as the world number one solar market this year.
Recent shipment guidance from two leading members of the ‘Silicon Module Super League’ (SMSL), Trina Solar and JinkoSolar highlighted that the US solar PV market in 2016 was expected to show considerable growth but raised concerns over the possibility of a module oversupply situation when compiling a list of suppliers with their own US ambitions.
