Utility-led expansions, competitive prices, and favorable state policies are developing Florida into the Southeast’s leader for solar capacity, according to a new report by S&P.
The state is expected to add more than 13,000 MW of solar generation installed over the next decade, the author’s stated, citing state regulators, with enough capacity coming online this year to top region-leader North Carolina.
- Total capacity in the Southeast in 2020: 12,696 MW
- Southern Alliance for Clean Energy expects capacity to double by 2025
- Florida has 3,909 MW solar capacity
