Electric Vehicle charging stations
Clean energy infrastructure to support the electric vehicle revolution
The electric vehicle (EV) market is expected grow more than tenfold in the next decade, exploding from an estimated 3 million EVs in the U.S. in 2022 to 27 million by 2030. In order for this EV boom to be successful, it will need to be accompanied by an accelerated expansion of EV charging stations to support this growth.
Forecasts project that up to 80% of all charge points by 2030 will exist at single- and multi-unit residential real estate properties.
Solar power and EV charging stations are complementary technologies that can work together to maximize the benefits received by system owners, project hosts, and end-users.
When co-located, solar power can directly power EVs without drawing from the grid, reducing strain on the electric grid and generating energy savings. Additionally, excess solar energy generated during the day can be stored in batteries and used to charge EVs at night, providing a more consistent and reliable source of clean energy for transportation.