The number of small-scale solar installations in the US is increasingly rapidly resulting in job creations and cost reductions, according to a new report.
NPD Solarbuzz carried out the ‘United States Deal Tracker’ study, which showed 40% of PV projects in the US currently are less than 500KW in size.
The market research firm claims smaller installations often have a greater impact on communities as they cost less to install, are easier to gain permit approval and don’t have many barriers for financing. These are usually installed in schools, municipal buildings, zoos and hospitals.
Christine Beadle, Analyst at the company said: “These smaller projects have a considerable impact on the communities where they are being built, providing much-needed employment and energy cost reduction.
“They also represent a significant opportunity for downstream balance-of-systems component suppliers and PV systems integrators within the United States.”
The report reviewed the progress of more than 3,300 projects currently in various stages of construction.