Navigating the Complexities Associated with Utility-Scale Solar Projects
Key Takeaway
Despite upcoming tax credit reductions, utility-scale solar remains a cost-effective and fast-to-deploy solution for meeting the U.S.'s rapidly increasing electricity demand.
AI Summary
- •Utility-scale solar is the world's third-largest renewable energy source.
- •Despite recent policy changes reducing future tax credits, utility-scale solar remains a highly viable solution for the U.S. market.
- •Its low total cost and quick time to market position it as an effective solution to meet sharply growing electricity demand.
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Article Content
Utility-scale solar is currently the third-largest renewable energy source in the world. And despite recent changes in law reducing future tax credits, solar power’s relatively low total cost compared to other sources, coupled with its quick time to market, still makes utility-scale solar power a highly viable solution for the U.S. market. With the demand for electricity expected to grow sharply, utility-scale solar installations could prove to be an effective solution to meet this need. The post Navigating the Complexities Associated with Utility-Scale Solar Projects appeared first on POWER Magazine .