Arcadia, a leading provider of community solar programs, has recently released its first report on the state of community solar. The report, which was published on the OurCrowd Blog, provides valuable insights into the current landscape of community solar projects and their impact on the environment and local communities.
Community solar programs allow individuals and businesses to subscribe to a shared solar energy system, enabling them to receive credits on their electricity bills for the energy produced by the system. These programs are becoming increasingly popular as more people seek to reduce their carbon footprint and support renewable energy sources.
According to Arcadia’s report, the number of community solar projects in the United States has been steadily increasing over the past few years. In 2020 alone, there were over 2,000 community solar projects in operation, with a total capacity of over 3 gigawatts. This represents a significant growth from previous years and demonstrates the growing interest in community solar programs.
One of the key findings of the report is the positive impact that community solar projects have on the environment. By generating clean, renewable energy, these projects help reduce greenhouse gas emissions and combat climate change. In fact, Arcadia estimates that community solar projects have offset over 2 million metric tons of CO2 emissions to date, equivalent to taking over 400,000 cars off the road for a year.
In addition to their environmental benefits, community solar projects also have a positive impact on local communities. These projects create jobs, stimulate economic development, and provide access to affordable clean energy for residents who may not be able to install solar panels on their own properties. Furthermore, community solar programs often prioritize serving low-income households and communities of color, helping to address energy equity issues.
Overall, Arcadia’s report highlights the importance of community solar programs in the transition to a more sustainable energy future. By expanding access to clean energy and reducing carbon emissions, these projects play a crucial role in combating climate change and building more resilient communities. As the demand for renewable energy continues to grow, it is likely that community solar programs will play an increasingly important role in our energy landscape.
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- Source: https://zephyrnet.com/arcadia-in-pr-newswire-arcadia-releases-its-first-report-on-the-state-of-community-solar-ourcrowd-blog/