Parking Lots Are Helping the Energy Transition

TRANSPORTATION DECEMBER 6, 2022

As the cost of solar continues to come down, more businesses are deploying rooftop solar and solar carports due to both the cost benefits and net-zero goals related to climate change. In fact, all parking lots in France with 80 or more spaces will have to be covered with solar panels.

Increasingly, major corporations like Target, Home Depot, and Walmart are making solar power commitments as local and state governments mandate the deployment of renewable energy, and the federal government uses incentives to encourage climate technology with measures such as the Inflation Reduction Act.

The cost to install solar has dropped by more than 60% over the past decade, according to the Solar Energy Industries Association.

 Learn more @ CNBC