Sylvia Leyva Martinez, a senior analyst in Wood Mackenzie's Power and Renewables team, and Shawn Rumery, senior research Director at the Solar Energy Industries Association (SEIA), discuss significant trends in the U.S. solar market in this timely Tactical Tuesday.
The quarterly SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market Insight is the longest-running solar industry trends report. It has been tracking deployments across all four market segments — residential, commercial, utility-scale, and community solar — since 2010.
The U.S. Solar Market Insight Q3 2022, released in September, provides an early look at how the Inflation Reduction Act (IRA) will transform America's energy economy. Forecasts suggest the IRA will help the U.S. solar market grow 40% over baseline projections through 2027, equal to 62 gigawatts (GW) of additional solar capacity.
Wood Mackenzie predicts the utility-scale sector will lead the solar industry's growth during the next five years with 162 GW of new capacity. Cumulative solar installations across all market segments will nearly triple, growing from 129 GW today to 336 GW by 2027.
Today's episode is a rebroadcast from the RE+ PowerUp Media Zone, a live production of SunCast Media.
And you can watch ALL the live broadcasts from the Media Zone at www.suncast.live!
Get your Solar Fight Night tickets before they're gone: https://tinyurl.com/522wf8v3
Also check out Renewables UnWind Las Vegas: https://tinyurl.com/2ea2c6k3
And don't forget about the pickleball games: https://tinyurl.com/p9h5nv42
If you want to connect with today's guest, you’ll find links to his contact info in the show notes on the blog at https://mysuncast.com/suncast-episodes/.
Our Platinum Presenting Sponsor for SunCast is CPS America!
SunCast is proudly supported by Trina Solar.
You can learn more about all the sponsors who help make this show free for you at www.mysuncast.com/sponsors.
Remember, you can always find resources, learn more about today’s guest and explore recommendations, book links, and more than 730 other founder stories and startup advice at www.mysuncast.com.
Subscribe to Valence, our weekly LinkedIn Newsletter, and learn the elements of compelling storytelling: https://www.linkedin.com/newsletters/valence-content-that-connects-7145928995363049472/
You can connect with me, Nico Johnson, on:
Twitter - https://www.twitter.com/nicomeo
LinkedIn - https://www.linkedin.com/in/nickalus
SunCast