The state’s first community solar pilot program is a biggie, with expectations for New Jersey’s community solar potential growing by the day.
This special edition of Nico Johnson’s podcast features an interview with Adam James, formerly of Tesla and GTM Research.
The impact of Section 201 tariffs is cited in a 9% year-over-year fall in installation volume during Q2. However, Wood Mackenzie and SEIA also show massive utility-scale procurement, which is expected to lead to a boom in the second half of the year.
As a result of the acquisition by the consultancy, GTM Research’s clean energy analysis is broadening along the energy value chain, and is integrating into Wood Mackenzie’s team of more than 70 energy analysts.
GTM Research has published an analysis of the global electric vehicle infrastructure of 2030. The group sees ten times more public charges than home chargers, and in North America alone sees $13 billion in electricity related revenue due to EVs in 2030.
GTM Research projects that residential batteries and other energy storage systems will be coupled with solar in 9 of 10 storage deployments by 2023. Additionally, the firm projects that residential solar power costs will fall below $2/W by this date.
GTM Research has delivered its vision for the future of community solar through 2030: delivering opinions on the policy, structure, finance and innovation needed to move the market forward.
GTM Research says the 10% tariffs that the Trump Administration is calling for are “significant”, and some companies and sectors will be affected more than others.
While residential solar leases and PPAs peaked in 2016, GTM Research is now predicting that solar loans will represent nearly half the market this year.
Thanks in no small part to modules stockpiled before the Section 201 tariffs hit, both the utility-scale and “non-residential” market segments grew year-over-year in Q1. And while the duties are expected to play a greater role in 2019, there are other factors supporting ongoing market growth.
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