2015 will be another record year for the PV market in the US with installations reaching almost 8GWDC. This trend will continue in 2016 with over 12GWDC of installations projected. As it currently stands, on January 1st 2017 the federal Solar Investment Tax Credit (ITC) will drop to 10%. This change will, among other things, cause the installed PV capacity to a drop by more than 50%, with an even greater drop expected and reduce even way more drastically in the utility scale sector. Now is the time for solar companies to get creative and set adaptation strategies for these new market conditions in order to continue to grow throughout these changes.
This post-2016 horizon gives an extra push for everyone to look for ways to make projects more efficient, both technically and economically. With a new office on the US East Coast, Enertis will help its clients in this challenge by being closer to their east coast projects, improving both diligence economics and response times.
Enertis started its activity in the US market in 2009, offering expert advice to the different players of the solar PV sector by providing high value consulting services. Since 2012, the company has been based in the Bay Area, where one of Enertis’ mobile testing laboratories is based too.
Over the course of the last three years, Enertis has helped over 70 clients in North America and has been involved in solar projects totaling over 3GW both in the primary and secondary markets, including supporting YieldCos as TerraForm Power to acquire most of their large solar photovoltaic portfolios.