After a tumultuous few years with little to no national capacity growth, the U.S. commercial solar market is expected to rebound and nearly triple in size by 2020. This growth will be driven by the extension of the federal Investment Tax Credit, the growing adoption of solar among national corporations, the increasing availability of financing for small commercial systems and an expanding market for community solar.
According to GTM Research’s new report, the U.S. Commercial Solar Landscape 2016-2020, the top 10 developers account for just 42% of the U.S. commercial solar market. This contrasts with the much more consolidated residential market, where the top three companies installed nearly half of the segment’s total in 2015.
The report provides a complete overview of the U.S. non-residential solar market. It analyzes the challenges the market is currently facing with regards to origination and financing, profiles leading developers, highlights key trends in the competitive landscape, and forecasts the market size through 2020.
By 2020, the U.S. non-residential segment will reach 3 gigawatts and a valuation of $3.8 billion.