Altus Power SPAC Presentation Deck
CBRE
C&I Solar and Storage Market Remain Largely Untapped
Corporations are Leading the Next Wave of Demand
U.S. Cumulative C&I Solar & Storage Installed Capacity by Year
C&I Solar (GW)
Storage² (GWh)
17
1.
2.
2020
27
12
LLLEG
2021E
2023E
2024E
Solar Potential for C&I Buildings: 214 GW
1
19
2
22
5
2022E
25
30
8
16
2025E
Source: BloombergNEF and WoodMac.
Percentage based on 214 GW of solar potential for commercial buildings from WoodMac 2020 C&I solar addressable market report.
Includes residential and C&l storage.
33
21
2026E
36
27
40
34
Acquisition
Holdings
2028E
44 44
2029E
ALTUS POWER
48
54
2027E
Only 5% of C&I Solar Market is Penetrated
2030E
✓
U.S. cumulative installed C&l solar capacity expected to expand to 48 GW by 2030, tapping 22% of potential C&l solar market¹
✓ Technology improvements expected to enable solar to capture 65% of the total corporate renewable market through 2030
✓
U.S. cumulative installed Battery Storage anticipated to grow at an average annual rate of ~49% to 54 GWh² by 2030; C&I annual growth of ~57%
8View entire presentation