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6 FAQs about [Solar container internal demand research and analysis report]
Who owns the solar market insight® report?
This report (“Report”) and all Solar Market Insight® (“SMI”)TM reports are jointly owned by Wood Mackenzie and the SEIA® (jointly, “Owners”) and are protected by United States copyright and trademark laws and international copyright/intellectual property laws under applicable treaties and/or conventions.
How healthy is the community solar market?
Despite lengthening project development timelines, pipelines in key community solar state markets remain healthy, supporting the market’s health throughout our five-year outlook. Overall, we expect the national market to contract by 6% on average annually through 2030.
How will New York's solar market perform in 2025?
New volumes in New York also declined slightly, even as the state continues to represent 52% of the total market. We expect the national community solar market to contract 22% this year, following a particularly strong 2024 for the segment. However, installed capacity in 2025 will still exceed 2023 volumes, reaching approximately 1.5 GWdc.
How will tariffs affect solar market growth?
Policy uncertainty and rising costs due to tariffs will impact market growth across all solar segments. Proposed tax credit changes and stricter regulations on foreign entities could also result in a more significant market contraction.
How will the community solar market change in 2025?
The community solar market will experience a more significant contraction, with capacity declining by 22% year-over-year in 2025, following a record year in 2024. Lastly, utility-scale installations will drop by 2% in 2025 after two solid years of growth.
How much solar capacity did the residential segment install in Q1 2025?
Utility-scale projects dominated installations in both states. In Q1 2025, the residential segment installed 1,106 MWdc of solar capacity, declining 13% year-over-year and 4% quarter-over-quarter. High interest rates and economic uncertainty continued to suppress demand.
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