A Tale of Two Solar Markets in the US

Renewable Energy SmartPod

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6M ago 18:51

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Sponsored by: EDF Renewables
When it comes to the utility-scale and residential solar sectors in the US, Daniel Cruise, partner at Lium Research, says current trends tell a tale of two markets. While research from the team at Lium points to a booming utility-scale market that is enjoying record construction starts, the residential market is struggling in California and beyond. Other highlights from our conversation include:

With sourcing of solar modules a hot topic in the news, Cruise notes that NextEra is switching to Indian suppliers for many of its large scale solar projects.
Cruise predicts 40 gigawatts of new solar will be interconnected to the grid in 2024, with an additional 50 gigawatts to follow in 2025.
Noting a decline in the fervor surrounding overall renewables markets in the last year or two, Cruise shares his insights on suspected causes ... and possible remedies.

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