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United States of America (USA) Solar Photovoltaic (PV) Market Analysis and Forecast to 2030, Update 2021

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    Report

  • 147 Pages
  • December 2021
  • Region: United States
  • GlobalData
  • ID: 5518026
'United States Solar Photovoltaic (PV) Analysis: Market Outlook to 2030, Update 2021” is the latest report from the publisher, the industry analysis specialist, that offers comprehensive information and understanding of the solar PV market in United States. The report discusses the renewable power market in the country and provides forecasts up to 2030. The report highlights installed capacity and power generation trends from 2010 to 2030 in the country's solar PV market. A detailed coverage of renewable energy policy framework governing the market is provided in the report. The report also provides company snapshots of some of the major market participants. The report is built using data and information sourced from proprietary databases, secondary research, and in-house analysis by the publisher’s team of industry experts.

Scope


The report analyses United States's solar photovoltaic (PV) market. The scope of the research includes -
  • A brief introduction on global carbon emissions and global primary energy consumption.
  • An overview of the country’s renewable power market, highlighting installed capacity trends (2010-2030), generation trends (2010-2030), and installed capacity split by various renewable power sources.
  • Detailed overview of the country’s solar PV market with installed capacity and generation trends, and major active and upcoming solar PV projects.
  • Deal analysis of the country’s solar PV market.
  • Key policies and regulatory framework supporting the development of solar PV.
  • Snapshots of some of the major market participants in the country.

Reasons to Buy


  • The report will enhance your decision-making capability in a more rapid and time sensitive manner.
  • Identify key growth and investment opportunities in country’s solar PV market.
  • Facilitate decision-making based on strong historic and forecast data for solar PV market.
  • Position yourself to gain the maximum advantage of the industry’s growth potential.
  • Develop strategies based on the latest regulatory events.
  • Identify key partners and business development avenues.
  • Understand and respond to your competitors’ business structure, strategy and prospects.

Table of Contents

1. Introduction
1.1 Carbon Dioxide Emissions, Global, 2001-2020
1.2 Primary Energy Consumption, Global, 2001-2020
1.3 Report Guidance
2. Renewable Power Market, United States
2.1 Renewable Power Market, United States, Installed Capacity, 2010-2030
  • Renewable Power Market, United States, Cumulative Installed Capacity by Source, 2010-2030
  • Renewable Power Market, United States, Cumulative Installed Capacity Share by Source, 2020 and 2030
  • Renewable Power Market, United States, Net Capacity Additions by Source, 2021-2030
  • Renewable Power Market, United States, Capacity Growth by Source, 2020-2030
2.2 Renewable Power Market, United States, Power Generation, 2010-2030
  • Renewable Power Market, United States, Power Generation by Source, 2010-2030
  • Renewable Power Market, United States, Growth in Power Generation by Source, 2020-2030

3. Solar PV Market, United States
3.1 Solar PV Market, United States, Installed Capacity, 2010-2030
3.2 Solar PV Market, United States, Power Generation, 2010-2030
3.3 Solar PV Market, United States, Market Size, 2010-2025
3.4 Solar PV Market, United States, Power Plants
  • Solar PV Market, United States, Major Active Plants
  • Solar PV Market, United States, Snapshot of Upcoming Plants
  • Solar PV Market, United States, Key Under-construction Projects
3.5 Solar PV Market, United States, Deal Analysis, 2020
  • Solar PV Market, United States, Deal Volume vs. Deal Value, 2010-2020
  • Solar PV Market, United States, Split by Deal Type, 2020

4. Solar PV Module Market, United States, 2012-2024
4.1 Solar PV Module Market, United States, Market size by Type, 2012-2024
  • Solar PV Module Market, United States, Crystalline Modules, Market size, 2012-2024
  • Solar PV Module Market, United States, Thin-film Modules, Market size, 2012-2024

5. Renewable Energy Policy Framework, United States
5.1 Renewable Energy Market, US, Overview
5.2 Federal Initiatives, US
  • Investment Tax Credits
  • Possible Introduction of Solar Manufacturing Tax Credit
  • Residential Renewable Energy Tax Credit
  • Renewable Energy Target
  • Rural Energy for America Program: Grants
  • Federal Initiatives for Solar Power
  • SunShot Initiative, 2030
  • Solar Funding
5.3 Common State-Level Incentives
  • Renewable Portfolio Standards
  • Public Benefit Funds for Renewable Energy
5.4 Renewable Energy Policy Framework, Arizona
  • Net Metering/Billing
  • Mohave Electric Cooperative - Renewable Energy Incentive Program
  • Residential Solar and Wind Energy Systems Tax Credit
  • Renewable Energy Production Tax Credit
  • Duncan Valley Electric Cooperative - Sunwatts Rebate Program
  • Solar Construction Permitting Standards
  • Solar & Wind Equipment Certification
5.5 Renewable Energy Policy Framework, Arkansas
  • Net Metering
  • Arkansas Energy Technology Loans for Green Technology
5.6 Renewable Energy Policy Framework, California
  • LADWP Feed-in Tariff
  • Feed-in Tariff Plus (FiT+) Pilot Program
  • Net Metering
  • Virtual Net Metering
  • LADWP- Net Metering
  • Rejection of Net Metering 3.0
  • Financial Incentives and Policy Support for Solar, California
  • New Solar Home Partnership
  • Property Tax Exclusion for Solar Energy Systems
  • Building Energy Code and Solar Requirement
  • City of Lancaster - Mandatory Solar Requirement for New Homes
5.7 Renewable Energy Policy Framework, Colorado
  • City of Boulder - Solar Sales and Use Tax Rebate
  • Xcel Energy: Solar Reward Program
  • Colorado Residential Energy Upgrade (RENU) Loan program
  • Property Tax Exemption for Residential Solar PV Plants
  • Energy Smart Colorado Renewable Energy Rebate Program
  • Other Utilities Renewable Energy Rebate Program
5.8 Renewable Energy Policy Framework, Connecticut
  • Residential Solar Investment Program
  • Renewable Energy Certificates
5.9 Renewable Energy Policy Framework, Delaware
  • Net Metering
  • Delaware Electric Cooperative- Green Energy Program Incentives
  • Delmarva Power - Green Energy Program Incentives
  • DEMEC Member Utilities - Green Energy Program Incentives
  • Renewable Portfolio Standards
  • Solar Renewable Energy Credits (SRECs) Spot Market Program
5.10 Renewable Energy Policy Framework, Florida
  • City of Tallahassee Utilities - Solar Loans
  • Property Tax Abatement for Renewable Energy Property
  • Florida Keys Electric Cooperative Solar Loan
5.11 Renewable Energy Policy Framework, Georgia
  • Net Metering
  • Central Georgia EMC - Photovoltaic Rebate Program
  • Jackson EMC - Right Choice Sun Power Rebate Program
5.12 Renewable Energy Policy Framework, Hawaii
  • Distributed Generation Tariff
  • Customer Grid Supply Plus
  • Community-Based Renewable Energy
  • Solar and Wind Energy Credit
  • Hawaii Electric Company-Feed-in-Tariffs
  • Farm and Aquaculture Alternative Energy Loan
  • GreenSun Hawaii
  • Green Energy Money $aver (GEM$) On-Bill Program
  • Property Tax Exemption for Alternative Energy Improvements
  • City and County of Honolulu - Solar Loan Program
5.13 Renewable Energy Policy Framework, Idaho
  • Residential Alternative Energy Tax Deduction
  • Idaho Solar Easements & Access Laws
5.14 Renewable Energy Policy Framework, Illinois
  • Renewable Portfolio Standards
  • RPS for large IOUs
  • RPS for ARES
5.15 Renewable Energy Policy Framework, Indiana
  • NIPSCO - Feed-In Tariff
  • Net Metering
5.16 Renewable Energy Policy Framework, Iowa
  • Solar PV
  • Renewable Energy Property Tax Exemption
  • Mandatory Utility Green Power Option
5.17 Renewable Energy Policy Framework, Louisiana
  • Solar Energy System Exemption
  • Net Metering
5.18 Renewable Energy Policy Framework, Maryland
  • Commercial Clean Energy Rebate Program
  • Parking Lot Solar PV with EV Charger Grant Program
  • Baltimore County - Property Tax Credit for Solar and Geothermal Devices
  • Prince George's County - Solar and Geothermal Residential Property Tax Credit
5.19 Renewable Energy Policy Framework, Massachusetts
  • MLP Solar Rebate Program
  • Concord Municipal Light Plant - Solar PV Rebate Program
  • Taunton Municipal Lighting Plant - Residential PV Rebate Program
  • Residential Renewable Energy Income Tax Credit
  • MLP Solar Rebate Program
  • Concord Municipal Light Plant - Solar PV Rebate Program
  • Taunton Municipal Lighting Plant - Residential PV Rebate Program
  • Residential Renewable Energy Income Tax Credit
5.20 Renewable Energy Policy Framework, Michigan
  • Low-Income and Energy Efficiency Fund (LIEEF)
  • Alternative Energy Tax Exemption
5.21 Renewable Energy Policy Framework, Missouri
  • Empire District Electric - Solar PV Rebates
  • Columbia Water & Light - Solar Energy Loans
  • Columbia Water & Light - Solar Rebates
5.22 Renewable Energy Policy Framework, Montana
  • Net Metering
  • Residential Alternative Energy System Tax Credit
  • Renewable Energy Systems Exemption
5.23 Renewable Energy Policy Framework, Nebraska
  • Lincoln Electric System - Customer-Owned Generation
  • Dollar and Energy Savings Loans
  • Property Tax Exemption for Renewable Energy Generation Facilities
5.24 Renewable Energy Policy Framework, Nevada
  • Renewable Portfolio Standards
  • NV Energy: Renewable Generations Rebate Program
5.25 Renewable Energy Policy Framework, New Mexico
  • PNM - Small Systems Solar REC Purchase Program
  • El Paso Electric Company - Small and Medium System REC Purchase Program
  • Local Option - Renewable Energy Financing District/Solar Energy Improvement Special Assessments
5.26 Renewable Energy Policy Framework, New York
  • The Climate Leadership and Community Protection Act
  • Sun PV Incentive Program
  • Sun Loan Program
  • Residential Solar Tax Credit
  • Sun Commercial and Industrial Incentive Program
  • PSEG Solar Communities Feed-In Tariff V
5.27 Renewable Energy Policy Framework, North Carolina
  • Renewable Portfolio Standards
  • Net Metering
  • Property Tax Abatement for Solar Electric Systems
  • Solar Energy Development Ordinance
  • Duke Energy - NC Solar Rebate Program
5.28 Renewable Energy Policy Framework, Ohio
  • Energy Conservation for Ohioans (ECO-Link) Program
  • Local Option - Special Energy Improvement Districts
5.29 Renewable Energy Policy Framework, Oregon
  • Oregon Solar + Storage Rebate Program
  • Solar Electric Incentive Program
  • Mandatory Utility Green Power Option
  • PGE Renewable Development Fund
  • Pacific Power - Blue Sky Community Project Funds
  • Central Lincoln People's Utility District - Renewable Energy Rebate Program
  • Ashland Electric Utility - Solar PV Rebate Program
  • Renewable Energy Loans
  • Renewable Energy Grant Programs
  • Renewable Energy Fund
5.30 Renewable Energy Policy Framework, South Carolina
  • Renewable Energy Loan Programs
  • Renewable Energy Rebate Programs
5.31 Renewable Energy Policy Framework, South Dakota
  • Large Commercial Wind and Solar Alternative Taxes
5.32 Renewable Energy Policy Framework, Texas
  • Solar Incentives
  • Austin Energy - Value of Solar Residential Rate
  • Austin Energy - Commercial Solar PV Incentive Program
5.33 Renewable Energy Policy Framework, Utah
  • Renewable Energy Systems Tax Credit
  • City of St. George - Net Metering
  • Murray City Power - Net Metering Pilot Program
5.34 Renewable Energy Policy Framework, Vermont
  • Uniform Capacity Tax and Exemption for Solar
  • Interconnection Standards
5.35 Renewable Energy Policy Framework, Vermont
  • Uniform Capacity Tax and Exemption for Solar
  • Interconnection Standards
  • GMP Solar Power
  • Standard Offer Program
5.36 Renewable Energy Policy Framework, Virginia
  • Local Option - Residential Property Tax Exemption for Solar
5.37 Renewable Energy Policy Framework, Washington
  • Pacific Power - Blue Sky Community Project Funds
  • Clark Public Utilities - Solar Energy Equipment Loan
  • Tax Abatement for Solar Manufacturers
5.38 Renewable Energy Policy Framework, Wisconsin
  • Public Benefits Funds
  • Renewable Rewards Program

6. Solar PV Power Market, United States, Company Profiles
6.1 WEC Energy Group Inc
  • WEC Energy Group Inc - Company Overview
  • WEC Energy Group Inc - Business Description
  • WEC Energy Group Inc - SWOT Analysis
  • WEC Energy Group Inc - Major Products and Services
  • WEC Energy Group Inc - Head Office
6.2 The AES Corp
  • The AES Corp - Company Overview
  • The AES Corp - Business Description
  • The AES Corp - SWOT Analysis
  • The AES Corp - Major Products and Services
  • The AES Corp - Head Office
6.3 Santee Cooper
  • Santee Cooper - Company Overview
  • Santee Cooper - Business Description
  • Santee Cooper - SWOT Analysis
  • Santee Cooper - Major Products and Services
  • Santee Cooper - Head Office
6.4 PPL Corp
  • PPL Corp - Company Overview
  • PPL Corp - Business Description
  • PPL Corp - SWOT Analysis
  • PPL Corp - Major Products and Services
  • PPL Corp - Head Office
6.5 PNM Resources Inc
  • PNM Resources Inc - Company Overview
  • PNM Resources Inc - Business Description
  • PNM Resources Inc - SWOT Analysis
  • PNM Resources Inc - Major Products and Services
  • PNM Resources Inc - Head Office
6.6 NRG Energy Inc
  • NRG Energy Inc - Company Overview
  • NRG Energy Inc - Business Description
  • NRG Energy Inc - SWOT Analysis
  • NRG Energy Inc - Major Products and Services
  • NRG Energy Inc - Head Office
6.7 Infrastructure and Energy Alternatives Inc
  • Infrastructure and Energy Alternatives Inc - Company Overview
  • Infrastructure and Energy Alternatives Inc - Major Products and Services
  • Infrastructure and Energy Alternatives Inc - Head Office
6.8 Georgia Power Co
  • Georgia Power Co - Company Overview
  • Georgia Power Co - Business Description
  • Georgia Power Co - SWOT Analysis
  • Georgia Power Co - Major Products and Services
  • Georgia Power Co - Head Office
6.9 First Solar Inc
  • First Solar Inc - Company Overview
  • First Solar Inc - Business Description
  • First Solar Inc - SWOT Analysis
  • First Solar Inc - Major Products and Services
  • First Solar Inc - Head Office
6.10 Avangrid Inc
  • Avangrid Inc - Company Overview
  • Avangrid Inc - Business Description
  • Avangrid Inc - SWOT Analysis
  • Avangrid Inc - Major Products and Services
  • Avangrid Inc - Head Office

7. Appendix
7.1 Abbreviations
7.2 Market Definitions
  • Power
  • Renewable Power
  • Installed Capacity
  • Electricity Generation
  • Electricity Consumption
7.3 Methodology
  • Coverage
  • Secondary Research
  • Primary Research
  • Modelling and Forecasting
  • Contact The Publisher

List of Tables
Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001-2020
Table 2: Primary Energy Consumption, Global, 2001-2020
Table 3: Renewable Power Market, United States, Cumulative Installed Capacity by Source (MW), 2010-2030
Table 4: Renewable Power Market, United States, Cumulative Installed Capacity Share by Source (%), 2020 and 2030
Table 5: Renewable Power Market, United States, Net Capacity Additions by Source (MW), 2021-2030
Table 6: Renewable Power Market, United States, Capacity Growth by Source, 2020-2030
Table 7: Renewable Power Market, United States, Power Generation by Source (GWh), 2010-2030
Table 8: Renewable Power Market, United States, Growth in Power Generation by Source, 2020-2030
Table 9: Solar PV Market, United States, Installed Capacity (MW), 2010-2030
Table 10: Solar PV Market, United States, Power Generation (GWh), 2010-2030
Table 11: Solar PV Market, United States, Market Size, 2010-2025
Table 12: Solar PV Market, United States, Major Active Plants
Table 13: Solar PV Market, United States, Snapshot of Upcoming Plants
Table 14: Solar PV Market, United States, Key Under-construction Projects
Table 15: Solar PV Market, United States, Deal Volume vs. Deal Value ($m), 2010-2020
Table 16: Solar PV Market, United States, Deals by Type, 2020
Table 17: Solar PV Module Market, United States, Crystalline Modules, Market Size ($m), 2012-2024
Table 18: Solar PV Module Market, United States, Thin-film Modules, Market Size ($m), 2012-2024
Table 19: Renewable Energy Market, US, Investment Tax Credit
Table 20: Renewable Energy Market, US, Sun shot Progress and Goals
Table 21: FiTs, LADWP, Los Angeles, California, 2021
Table 22: FiT+ Auction Details, LADWP, Los Angeles, California, 2021
Table 23: Renewable Energy Market, California, Solar PV Requirements for New Homes
Table 24: Utility Incentive Program for Renewable Power Plants, Colorado, 2021
Table 25: REC Results, Eversource Energy, Connecticut
Table 26: Green Energy Program Incentives, Delmarva Power, Delaware
Table 27: Municipal Green Energy Program Incentives, Newark and Dover, Delaware
Table 28: Renewable Portfolio Standards (%), Delaware
Table 29: Tier Definitions for SREC Spot Market Program, Delmarva Power, Delaware
Table 30: SREC Auction Results, 2019, Delaware
Table 31: CGS Plus Tariff, Hawaii, 2021
Table 32: CGS Plus Capacity, Hawaii, 2021
Table 33: CBRE Tariff and Capacity, Hawaii, 2021
Table 34: FiTs, Hawaii
Table 35: Renewable Portfolio Standards for IOUs, Illinois
Table 36: Renewable Portfolio Standards for ARES, Illinois
Table 37: FiT rates, NIPSCO, Indiana, 2021
Table 38: Commercial Clean Energy Rebates, Maryland
Table 39: LES Customer Owned Generation Scheme, Nebraska
Table 40: EPE Incentive, New Mexico
Table 41: CLPUD Renewable Energy Rebates, Oregon
Table 42: Renewable Energy Loan Programs, Pennsylvania
Table 43: Renewable Energy Grant Programs, Pennsylvania
Table 44: Renewable Energy Fund, Rhode Island, 2021
Table 45: Loan Programs, South Carolina
Table 46: Rebate Programs, South Carolina
Table 47: Value of Solar Rate, Austin Energy, Texas, January 2018
Table 48: Standard Offer Program Status, Vermont, 2021
Table 49: Solar Loan Program, Clark Utilities, Washington
Table 50: WEC Energy Group Inc, Major Products and Services
Table 51: The AES Corp, Major Products and Services
Table 52: Santee Cooper, Major Products and Services
Table 53: PPL Corp, Major Products and Services
Table 54: PNM Resources Inc, Major Products and Services
Table 55: NRG Energy Inc, Major Products and Services
Table 56: Infrastructure and Energy Alternatives Inc, Major Products and Services
Table 57: Georgia Power Co, Major Products and Services
Table 58: First Solar Inc, Major Products and Services
Table 59: Avangrid Inc, Major Products and Services
Table 60: Abbreviations
List of Figures
Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001-2020
Figure 2: Primary Energy Consumption, Global, 2001-2020
Figure 3: Renewable Power Market, United States, Cumulative Installed Capacity by Source (MW), 2010-2030
Figure 4: Renewable Power Market, United States, Cumulative Installed Capacity Share by Source (%), 2020 and 2030
Figure 5: Renewable Power Market, United States, Net Capacity Additions by Source (MW), 2021-2030
Figure 6: Renewable Power Market, United States, Capacity Growth by Source, 2020-2030
Figure 7: Renewable Power Market, United States, Power Generation by Source (GWh), 2010-2030
Figure 8: Renewable Power Market, United States, Growth in Power Generation by Source, 2020-2030
Figure 9: Solar PV Market, United States, Installed Capacity (MW), 2010-2030
Figure 10: Solar PV Market, United States, Power Generation (GWh), 2010-2030
Figure 11: Solar PV Market, United States, Market Size, 2010-2025
Figure 12: Solar PV Market, United States, Snapshot of Upcoming Plants
Figure 13: Solar PV Market, United States, Deal Volume vs. Deal Value ($m), 2010-2020
Figure 14: Solar PV Market, United States, Split by Deal Type (%), 2020
Figure 15: Solar PV Module Market, United States, Crystalline Modules, Market Size ($m), 2012-2024
Figure 16: Solar PV Module Market, United States, Thin-film Modules, Market Size ($m), 2012-2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • WEC Energy Group Inc
  • The AES Corp
  • Santee Cooper
  • PPL Corp
  • PNM Resources Inc
  • NRG Energy Inc
  • Infrastructure and Energy Alternatives Inc
  • Georgia Power Co
  • First Solar Inc
  • Avangrid Inc