Offsite corporate procurement will become the largest source of business-led solar procurement in the United States next year, reported Wood Mackenzie Power and Renewables.
In the solar industry, businesses can choose to install solar projects directly on their property (onsite installations) or sign deals for solar power from larger, utility-scale projects (offsite installations). To date, 70 percent of cumulative commercial and industrial solar installations have been onsite. But starting next year, offsite corporate procurement will surpass onsite procurement in the United States.
Procurement from offsite solar power purchase agreements is expected to triple between 2019 and 2020 and will remain the largest source of business-led solar procurement through 2024, while onsite commercial and industria