The incentives in the Inflation Reduction Act are combining with an evolving distributed generation market and investors’ greater appetite for community solar to drive an uptick in renewable project financing and deployment.
To make residential solar a realistic option for low-income consumers, SunPower Foundation announced three new grant programs to fund nonprofit organizations advancing domestic clean energy equity.
Solar installations are expected to grow 15% per year through 2028, said a report from Wood Mackenzie.
Report finds that albedo had the most significant effect on the UHI index of each city, and that neighborhoods of low-income residents are the most affected.
Also on the rise: Highway-side solar in three California counties can power 270,000 homes. Summit Ridge Energy to develop six rooftop community solar projects in Maryland. And more.
The modules will support the construction of about 400 new community solar projects.
The company has also expanded a partnership with climate solutions investor HASI to build and operate a 250 MW community solar portfolio.
Fewer than 5% of domestic homes are solar-powered today, as consumers list cost and confusion about IRA benefits as primary deterrents to installing energy efficient appliances and solar panels at home.
A New York State program helps bring solar power to low- and moderate-income (LMI) housing by providing pre-development grants and technical assistance. The Clean Energy States Alliance considers the program a model for other states.
Also on the rise: Enphase releases solar products optimized for NEM 3.0. Nikola announces recall of battery electric vehicles, pauses sales after fire investigation. And more.
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