Intense demand from corporations and governments appears to be outstripping the market’s ability to provide solar installations, but experts say other factors are also driving the recent uptick.
It’s not just real estate that’s difficult to acquire as the U.S. emerges from the COVID-19 pandemic. If you’re looking to pick up electricity from an off-site solar development, you can expect to encounter some resistance, which is impacting prices.
Solar is increasingly a seller’s market, Renewable Energy Buyers Alliance members have told REBA Vice President of Programs Mark Porter since the beginning of the year. REBA has more than 230 members, including Google, General Motors and McDonald’s.
Indeed, prices for solar PPAs in North America rose 2.6% during the first quarter of 2021 compared to the prior quarter…
