Wilson Chang is CEO and co-founder of Sunrock Distributed Generation, which was spun out of Sunstone Credit in 2022. Sunrock Distributed Generation is focused on developing, financing and managing mid-sized solar and battery storage assets at scale, with a focus on building and managing projects for local businesses and nonprofits. He recently spoke with Loretta Clodfelter, editorial director at Institutional Real Estate, Inc., about investment in distributed generation solar assets. An edited version of the interview appears below.
What do you see as the main drivers of growth in the distributed energy commercial solar market today?
The biggest issue is that power prices are rising rapidly — far faster than inflation. That has been true for a number of years, and it’s going to continue. The reasons for this are twofold. First, the energy grid is aging — the average grid asset is now more than 40 years. And as the grid deteriorates, it becomes far less r