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Why Solar Is on a Path to Dominance

Despite the Trump administration’s recent decision to levy a 30 percent tariff on solar, we see tremendous opportunity ahead for the industry.

In the next year, the solar industry will develop, construct, and finance $25 billion to $30 billion in solar assets. It will build 20 to 25 percent of the country’s new electricity capacity, and will continue to employ hundreds of thousands of people. The core drivers for this success are 1) public support; 2) rapid technological evolution that drives cost reduction and increased efficiency; and 3) significant and increasing support for the solar asset class by institutional investors.

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