30 Sep '15, 12pm

Policies and real estate prime Northeast for commercial #solar boom

Policies and real estate prime Northeast for commercial #solar boom

California-based financial services firm Wiser Capital says the U.S. Northeast represents an untapped market for commercial solar that translates to approximately $67.5 billion in investment opportunity for the region. According to new research from Wiser Capital, over 274,637 commercial buildings in the Northeast fit the site parameters required for a midscale commercial solar facility that collectively could produce 94,733 MW of renewable energy. The report defines a midscale commercial solar facility as being between 50 kW to 2 MW and, on average, capable of housing a 350 kW system. The report says 29.71% of the commercial building sites optimal for solar in the Northeast are located in New York (28,401 MW) and 17.09% are in Massachusetts (15,975 MW). Taking costs and incentives into consideration, Wiser says these two states will lead a new solar energy boom in the Nor...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

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