Solar Market and Cost Analysis

Installed capacity (GWdc) 3 2 1 0 6 PV Increasingly Supports U.S. Commercial Activities Annual U.S. PV Installations Supporting Commercial Activities (SEIA sample) Onsite Offsite • The Solar Energy Industries Association (SEIA) reports that PV projects supporting commercial activities at U.S. facilities grew rapidly between 2018 and 2021 mostly due to offsite systems; annual offsite additions doubled every year and constituted two-thirds of the total sample during this period. • Almost one-quarter of all utility-scale projects in 2021 included one or more commercial buyers. • The pace of growth slowed in 2022 because of PV supply chain and trade issues. 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 (6 mo) Top 10 Users by Total Capacity, June 2022 (MWdc) Top 10 Users by Onsite Capacity, June 2022 (MWdc) Meta 3,588 Target 291 • Amazon 1,115 Prologis 217 Apple 987 Walmart 180 Walmart 689 Amazon 156 Microsoft 551 Lineage Logistics 108 Target 515 Brookfield Properties 60 Cargill 342 IKEA 58 Kaiser Permanente 303 Kaiser Permanente 58 Anheuser-Busch 301 Macys 53 Evraz North America 300 Kohls 52 Source: SEIA, Solar Means Business, 2022. • • • Meta accounts for the most total installed capacity through June 2022, at 3.6 GWdc. o This is equivalent to 3% of all U.S. PV. o About 80% installed after 2019. Tech companies, with their large data- center energy use, hold four of the five top total PV spots. Retail and real estate companies dominate onsite PV; three-quarters of the capacity is roof-mounted. Of the top 25 total PV leaders ranked in SEIA's report, 18 are pursuing 100% renewable energy or carbon-neutral goals. NREL 19

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