The Explosive Growth Of Community Solar Gardens In 2015
by The Daily Eye Team July 10 2015, 4:16 pm Estimated Reading Time: 0 mins, 41 secsFor much of the recent rise of solar power, the industry has been divided in two: distributed rooftop solar, and utility-scale solar parks. According to a new report from GTM Research, a third type of solar in which consumers share renewable energy installations is set to take off this year — and to represent a large market share of the industry by 2020. Known as community solar, solar gardens, or more simply shared solar, GTM researchers found that the U.S. “market is approaching a tipping point.” With a total of 66 megawatts installed cumulatively by the end of 2014, the report predicts that installations will grow five-fold in 2015, with 115 megawatts installed. By 2020, there will be 1.8 gigawatts, nearly equivalent to the total amount of solar power installed in the United States in 2012