The cumulative total of community solar installations is expected to reach 14 GW in the United States by 2028, according to a report by Wood Mackenzie.
Also on the rise: On the floor at RE+ Northeast 2024. Utility-scale solar had a record year in 2023–set to double in 2024. And more.
Construction of the 14 projects in the portfolio is expected to begin this year.
Also on the rise: Connecticut Green Bank allocates $100 million toward solar and storage projects. Arcadia sees a bright future for community solar. And more.
The community solar projects will benefit from the Massachusetts SMART program and the the state’s Clean Peak Energy Standard initiative.
The future is bright for community solar notes Arcadia’s report, as states have strengthened programs, federal legislation is increasingly implemented and billions of dollars are invested in solar projects for all income levels.
Each of the installations within the 82 MW portfolio will average 3MW and most will include pollinator habitat.
Also on the rise: Solar recycling headquarters and research lab opens in Arizona. IRS pre-registration portal open for IRA elective pay and transferable credit
Also on the rise: Array Technologies announces dual-row solar tracker upgrade. Solar EV developer Aptera crowdfunds $33 million. And more.
Walmart, U.S Bancorp Impact Finance and Reactivate closed a tax equity transaction on the portfolio of solar projects in New York and Illinois.
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