SVN® Internation Corp. presents the Energy Report Series prepared by Director of Research, Cameron Williams.
In the ever-changing landscape of commercial real estate, solar energy shines as a standout player. As of 2022, the U.S. boasts an impressive $35 billion in private solar investments, supporting a solar workforce of over 260,000. The Solar Energy Industries Association reports a notable 24% average annual growth over the past decade, resulting in a staggering 155 gigawatts of installed capacity, enough to power 27 million homes. Yet, its impact goes beyond sustainability; it serves as a beacon for new economic opportunities. With declining installation costs and advancements in technology, including high-efficiency cells to innovative solar shingles, the influence on commercial properties and industrial production facilities is unmistakable.