Fitch Solutions Macro Research (a unit of Fitch Group) says the US Midwest will experience strong growth in the solar sector.
Key views include:
· Strong solar growth in the US Midwest supports Fitch Solutions Macro Research’s positive outlook for the US solar industry, in which we forecast 100GW of solar capacity additions in the next decade.
· The region has a large proposed solar power project pipeline, with total potential added capacity of 78.63GW.
· Key drivers of investment include stronger renewable energy targets by cities, states and utilities, improvements in solar tech, the adoption of community solar programs and increasingly competitive prices for projects.
