TechCenter

Community Solar Investment on the Rise for CRE

Providing local businesses and residents shared access to solar can pay off, and it also opens the door to federal tax credits.

Solar power in the U.S. has continued to grow, and a type of installation and use called community solar is increasingly important to commercial real estate, says CBRE.

Community solar is a concept developed in 2010 to expand availability of solar power to low-and-moderate-income (LMI) households — frequently renters who don’t have the choice to add solar where they live — and small businesses that couldn’t afford to install their own solar systems. Community solar extends the reach of power from individual installations, rather than back through the power grid, to these people and companies that could use the cost savings.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
1 free article* every 30 days across the ALM subscription network
Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account? Sign In Now

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Erik Sherman

Dig Deeper

Recommended Stories

Why CalSTRS Can't Calculate Its Carbon Footprint

Erik Sherman | May 06, 2024

CalSTRS' problem suggests that CRE owners may have issues nailing down data from their tenants.

Suburban Neighborhood Retail Takes Center Stage

Natalie Dolce | May 03, 2024

The retail industry has overcome the challenges of earlier decades regarding expansion.

Apartment Lease-Up Demand Should Feel Stronger

Richard Berger | May 06, 2024

The average lease-up is executing 10% fewer leases than last year despite a 20% increase in overall absorption.

Resource Center

Better decisions come from better data, insight and coordination. Download this guide for insights on how to optimize the lease administration process and recommendations for best practices to deliver increased ROI across the lease lifecycle.

Guide

Sponsored by LeaseAccelerator

The Real Estate Leader's Quick Guide: Insights for Better Lease Administration

Better decisions come from better data, insight and coordination. Download this guide for insights on how to optimize the lease administration process and recommendations for best practices to deliver increased ROI across the lease lifecycle.

Browse More Resources ›

Discover how to transform your real estate assets from mere spaces into vibrant experiences that captivate tenants -- and their employees -- to support engagement and retention.

Guide

Sponsored by HqO

How to Develop a Real Estate Experience (REX) Strategy for Your Tenants

Discover how to transform your real estate assets from mere spaces into vibrant experiences that captivate tenants -- and their employees -- to support engagement and retention.

Browse More Resources ›

Cementing your CRE portfolio’s long-term growth means assembling a great tech stack to support your goals. However, selecting the right solutions takes preparation and research. This guide outlines five areas of consideration to help you find the right fit.

Guide

Sponsored by Building Engines

How to Choose the Right Building Operations Tech to Boost Your NOI

Cementing your CRE portfolio’s long-term growth means assembling a great tech stack to support your goals. However, selecting the right solutions takes preparation and research. This guide outlines five areas of consideration to help you find the right fit.

Browse More Resources ›

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2024 ALM Global, LLC. All Rights Reserved.