Tag Archives: Greentech Media Research (GTM)

The Vision for U.S. Community Solar: A Roadmap for 2030

Despite clear consumer interest and immense market opportunity, the model hasn’t yet achieved scale because most states lack community solar policies – and those that do are still largely not adequately reaching and serving a diverse customer base.  Transformative growth of community solar will not happen overnight. But improvements in program design and implementation, financing solutions, and customer-focused offerings can expand solar access to all customer types.

To help state policymakers, market participants, and advocates address these gaps and expand community solar options, GTM Research conducted a study to evaluate the community solar market potential and identify pathways for community solar adoption nationwide by 2030. The study was supported by Vote Solar, GRID Alternatives, and Coalition for Community Solar Access. Read more here.

Photo: South Sioux City’s 2.3-megawatt array (1,200 panels) located on a 21-acre solar park south of the city, alongside C Avenue. The array generates enough energy to provide 5% of South Sioux City’s electrical needs. This is the first Nebraska project for California-based developer Solar City, a Tesla Motors subsidiary. See Solar Examples for more information.
Recently posted: $1.6 million 2 megawatt energy storage unit project in South Sioux City
Credit: Tim Hynds, Sioux City Journal

ADDITIONAL RECOMMENDED READING

The Top Distributed Solar Policy Actions Of Q2, by Betsy Lillian, Solar Industry

According to the report, The 50 States of Solar, the greatest number of actions related to residential fixed charge or minimum bill increases, net metering policies and community solar policies:

The report identifies three trends in solar policy activity taken in Q2 2018: (1) states working to increase low-income customer participation in community solar programs; (2) state legislatures considering bills effectively undoing or amending regulatory decisions; and (3) regulators approving residential fixed charge reductions. NCCETC says regulators in three states approved residential fixed charge decreases in Q2 2018 – representing a notable departure from previous quarters. Read more here.

GTM: US community solar to surpass 400MW in 2017

By Danielle Ola, PVTech

According to GTM Research’s latest report ‘US Community Solar Outlook 2017’, this emerging market sector will reach 410MW this year. Lead report author Cory Honeyman describes the market as “on the cusp of becoming a mainstream driver of US solar market growth.” Despite some “missed growth opportunities” through regulatory and legislative delays, community solar reached 200MW this past year, with states such as New YorkNebraska and Massachusetts fully embracing the phenomenon with new accommodating rules. Read more here.

Photo: With nearly 3GW of community solar in development, it is on track to reach 500MW across the nation by 2019. Source: Flickr/Clean Energy Resource

SEIA News Release: US Solar Market Set to Grow 119% in 2016, Installations to Reach 16 GW

BOSTON, MASSACHUSETTS and WASHINGTON, D.C. – The U.S. solar market is set to grow a staggering 119 percent this year says GTM Research in its latest U.S. Solar Market Insight Report 2015 Year in Review, published in conjunction with the Solar Energy Industries Association (SEIA).
SEIA chart

Led by the utility-scale segment, GTM Research forecasts 16 gigawatts (GW) of solar will be installed in the U.S. in 2016, more than doubling the record-breaking 7.3 GW installed in 2015.

While utility-scale installations will represent 74 percent of the installations for the year, the residential and commercial markets will also experience strong growth in 2016. In fact, the U.S. is on the verge of the 1 millionth solar installation milestone.

“This is a new energy paradigm and the solar industry officially has a seat at the table with the largest energy producers,” said SEIA president and CEO Rhone Resch. “Because of the strong demand for solar energy nationwide, and smart public policies like the ITC and NEM, hundreds of thousands of well-paying solar jobs will be added in the next few years benefiting both America’s economy and the environment.”

Click here to read the entire News Release.

U.S. hi-tech energy agency chief aims to outperform Tesla

By Valerie Volcovici, Reuters

DOElogoWASHINGTON / A wing of the U.S. Department of Energy focused on breakthrough technologies may soon give billionaire entrepreneur Elon Musk’s most recent foray into energy storage a run for its money, the unit’s director said. Advanced Research Projects Agency-Energy, or ARPA-E, which funds projects meant to transform energy markets, has made huge strides over the last few years on next-generation batteries that could make electric cars and renewable energy cheaper and more accessible.

Read more here.

ADDITIONAL RECOMMENDED READING
U.S. Energy Storage Market Grew 243% in 2015, Largest Year on Record, by Mike Munsell, Greentech Media Research. The U.S. energy storage market just had both its best quarter and best year of all time. According to the GTM Research/Energy Storage Association’s U.S. Energy Storage Monitor 2015 Year in Review, the U.S. deployed 112 megawatts of energy storage capacity in the fourth quarter of 2015, bringing the annual total to 221 megawatts. This represents 161 megawatt-hours for the year. The 112 megawatts deployed in the fourth quarter 2015 represented more than the total of all storage deployments in 2013 and 2014 combined. Propelled by that historic quarter, the U.S. energy storage market grew 243 percent over 2014’s 65 megawatts (86 megawatt-hours).  

Click image to enlarge it.

Click image to enlarge it. Source: U,.S. Department of Energy 

Utility Dive: The sector favorite: Storage tops utility tech picks for second year running. Utility Dive’s third annual survey of electric utilities shows even greater interest in energy storage, by Peter Maloney.   

With Extension of the Investment Tax Credit, SEIA Says “2015 Is Just The Beginning of America’s Solar Boom”

The following infographic is from a recent blog written by Rhone Resch, Solar Energy Industries Association’s CEO, with data sourced from SEIA and Greentech Media Research.  Click here to read his blog. 

ITC Extension