US Community Solar Specialist Arcadia Reaches 2 GW Milestone By Tony Cheu/ Updated On Thu, Jan 11th, 2024 Highlights : The milestone has helped prove the viability of community solar to take solar to more users, besides serving as a template for other regions Arcadia, a Denver, Colorado-based technology company has announced a groundbreaking milestone in the clean energy sector. Arcadia now manages 2 gigawatts (GW) of community solar capacity and counting, placing it in charge if the largest community solar portfolio in the world Community solar makes it easy for individuals and businesses to access clean energy and solar savings — without the costly logistical barriers associated with private solar panels. As respective solar farms generate clean energy, Arcadia makes sure that enrolled customers automatically receive solar credits on their power bills, resulting in annual savings. Arcadia’s dedication to community solar has led to the rapid growth of its portfolio, making it the US’s largest player in the space — with capacity under management in 15 states. “We’re thrilled to announce we’ve reached two gigawatts (2 GW) of community solar capacity, extending our position as the market leader,” said Kiran Bhatraju, Arcadia’s founder and CEO. “Hitting 2 GW is a testament to our unwavering commitment to providing accessible, affordable, clean energy to communities across the nation. As community solar continues to grow in the US, this milestone reflects our goal to democratize renewable energy and contribute to a more sustainable world.” Tripura To Connect 9,250 Remote Houses With Solar Micro Grids Also Read Key highlights of Arcadia’s journey to 2 GW in community solar include: Expanding geographic reach: Arcadia’s community solar program spans across 15 states from coast to coast, connecting over 223K subscribers to active or planned solar projects. Environmental impact: This 2 GW of clean energy capacity is equivalent to preventing more than 2 billion pounds of coal from being burned to power the grid each year. Affordability and accessibility: Arcadia’s commitment to affordability ensures that clean energy is accessible to a wide range of households and businesses. This announcement builds on Arcadia’s recent partnership with EDPR NA, Google, and Elevate to reduce the energy cost burden for 25,000 low- and middle-income U.S. households. This milestone illustrates the power of community solar in broadening access to renewable energy and reducing carbon emissions in communities . This impact is particularly significant for low- to middle-income households and historically disadvantaged communities, who often face barriers to accessing solar energy. Approximately 22% percent of Arcadia’s community solar subscribers qualify as low or moderate income households. The Rise of Community Solar Initiatives Brightening Sustainable Future Also Read The 2 GW mark also highlights the effectiveness of Arcadia’s industry-leading technology — which has streamlined the process for customers, made terms more user-friendly, increased transparency, and notably lowered risk for project developers and investors. Arcadia’s approach of delivering guaranteed savings without any financial risk to customers, along with its inclusive subscription policy irrespective of credit scores, has set the industry standard. Tags: Arcadia, Community Solar, Kiran Bhatraju, largest community solar portfolio