California's move to require new homes in the state to have solar panels from 2020 will have a positive net impact on residential solar installations of almost 650 MW from 2020 through 2023.
Members said they expect other states to follow suit in coming years. California also has the goal to reduce its greenhouse gas emissions by 40 percent from 1990 levels by 2030. In California, building codes and energy efficiency standards are updated every three years.
GTM's analysis is based on the Commission's prediction that almost 75,000 new homes will be built across California in 2020 alone and could help the state overcome a recent period of sluggish residential solar growth. The rooftop panels can either be owned outright, made available by lease, or rolled into the home price. The first utility-scale solar project was recently awarded to ACWA Power.
The MNRE is also in the process of launching a scheme for new hybrid projects under this policy, which are 10 to 15 percent cheaper than 100 percent solar or wind projects, an official told said.
Solar power generation nearly triples in 2017
According to APICORP, the Moroccan government plans to reach a target of two gigawatts of solar and wind power each by 2020.
In October 2018, SCE released the, "The Clean Power and Electrification Pathway", a proposal that lays out a clear path to reducing California's GHG emissions and improving air quality. As per estimates of the California Energy Commission, installation of solar panel would increase construction costs of a single-family home by almost US$10,000.
But Republican legislative leaders argue Californians can not afford to pay any more for housing in what is already an extremely expensive market. Additionally, GTM's new analysis does not apply to multi-family housing units, although GTM typically excludes these from its residential solar forecasts anyway. Some homes that are shaded by trees or taller buildings, or have roofs that are too small for panels, would be eligible for exceptions.
APICORP's report also finds that the renewable energy drive in the region is led by the UAE, Morocco, and Jordan, as each of these countries have put measures in place to ensure the diversification of their energy sources are on track, with the help of European and worldwide development organisations. The move is a bold and visionary one, as stated by an associate at the Energy Commission.