Why are Solar Carports Becoming So Popular?

The U.S. carport market has emerged as a substantial component of the U.S. solar industry, with California representing more than half of the national market.

According to the latest report from GTM Research, U.S. Solar Carport Market 2014-2018: Landscape, Outlook and Leading Companies, the U.S. is forecasted to add more than 180 megawatts of solar carports in 2014, making it the fourth consecutive year with more than 100 megawatts installed.

FIGURE: U.S. Solar Carport Market Installations, 2010 to 2018E

Source: U.S. Solar Carport Market 2014-2018: Landscape, Outlook and Leading Companies

The report notes that solar carport installations in California have historically represented more than half of the national market, with lower penetration levels nationwide. While California will continue to anchor the national market, new state markets on the East Coast are emerging despite higher costs. GTM Research expects continued growth in California, along with market recoveries in Arizona and New Jersey, to drive the market value of solar carports to $843 million in 2016.

Continue reading: Greentech Media

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