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United States of America (USA) Solar Photovoltaic (PV) Market Size and Trends by Installed Capacity, Generation and Technology, Regulations, Power Plants, Key Players and Forecast, 2022-2035

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    Report

  • 179 Pages
  • November 2022
  • Region: United States
  • GlobalData
  • ID: 5703094
'United States of America (USA) Solar Photovoltaic (PV) Market Size and Trends by Installed Capacity, Generation and Technology, Regulations, Power Plants, Key Players and Forecast, 2022-2035” 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 2035. The report highlights installed capacity and power generation trends from 2010 to 2035 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 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 (2010-2035), generation trends (2010-2035), 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, 2001-2021
1.2 Primary Energy Consumption, Global, 2001-2021
1.3 Report Guidance
2. Renewable Power Market, United States
2.1 Renewable Power Market, United States, Installed Capacity, 2010-2035
  • Renewable Power Market, United States, Cumulative Installed Capacity by Source, 2010-2035
  • Renewable Power Market, United States, Cumulative Installed Capacity Share by Source, 2021 and 2035
  • Renewable Power Market, United States, Net Capacity Additions by Source, 2021-2035
  • Renewable Power Market, United States, Capacity Growth by Source, 2021-2035
2.2 Renewable Power Market, United States, Power Generation, 2010-2035
  • Renewable Power Market, United States, Power Generation by Source, 2010-2035
  • Renewable Power Market, United States, Growth in Power Generation by Source, 2021-2035
3. Solar PV Market, United States
3.1 Solar PV Market, United States, Installed Capacity, 2010-2035
3.2 Solar PV Market, United States, Power Generation, 2010-2035
3.3 Solar PV Market, United States, Market Size, 2010-2030
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, 2021
  • Solar PV Market, United States, Deal Volume vs. Deal Value, 2010-2021
  • Solar PV Market, United States, Split by Deal Type, 2021
4. Solar PV Module Market, United States, 2012-2026
4.1 Solar PV Module Market, United States, Market size by Type, 2012-2026
  • Solar PV Module Market, United States, Crystalline Modules, Market size, 2012-2026
  • Solar PV Module Market, United States, Thin-film Modules, Market size, 2012-2026
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
  • Net Metering
  • Renewable Portfolio Standards
  • Interconnection Standards
  • California Energy Commission Geothermal Program
  • New Solar Home Partnership
  • San Diego County - Wind Regulations
  • County Wind Ordinance Standards
5.7 Renewable Energy Policy Framework, Colorado
  • Net Metering
  • Xcel Energy: Solar Reward Program
  • Solar Rewards Community Program
  • Interconnection Standards
  • Green Colorado Credit Reserve
  • Energy Smart Colorado Renewable Energy Rebate Program
  • Other Utilities Renewable Energy Rebate Program
  • Clean Energy Fund
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
  • Sustainable Energy Utility (SEU) - Revolving Loan Fund
  • Solar Rights Law
  • Wind Access and Permitting Law
  • Interconnection Standards
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
  • Smart Export
  • Community-Based Renewable Energy
  • Solar and Wind Energy Credit
  • Renewable Portfolio Standards
  • 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
  • Net Metering
  • Interconnection Standards
  • Residential Alternative Energy Tax Deduction
  • Low-Interest Energy Loan Programs
5.14 Renewable Energy Policy Framework, Illinois
  • Renewable Portfolio Standards
  • RPS for large IOUs
  • RPS for ARES
  • Net Metering
  • Interconnection Standards
  • Illinois Clean Energy Community Foundation Grants
5.15 Renewable Energy Policy Framework, Indiana
  • NIPSCO - Feed-In Tariff
  • Net Metering
5.16 Renewable Energy Policy Framework, Iowa
  • Alternative Energy Law
  • Solar Energy Systems Tax Credit
  • Mandatory Utility Green Power Option
  • Interconnection Standards
5.17 Renewable Energy Policy Framework, Louisiana
  • Solar Energy System Exemption
  • Net Metering
  • City of New Orleans - Net Metering
5.18 Renewable Energy Policy Framework, Maryland
  • Commercial Clean Energy Rebate Program
  • Renewable Portfolio Standards
  • Renewable Energy Certificates
  • Solar Renewable Energy Certificates (SREC)
  • Interconnection Standards
  • Property Tax Exemption for Solar and Wind Energy Systems
5.19 Renewable Energy Policy Framework, Massachusetts
  • MLP Solar Rebate Program
  • Concord Municipal Light Plant - Solar PV Rebate Program
  • Renewable Portfolio Standards
  • Solar Renewable Energy Credits
  • Net Metering
  • Interconnection Standards
5.20 Renewable Energy Policy Framework, Michigan
  • Net Metering
  • True Net Metering
  • Inflow/Outflow Distributed Generation Tariff
  • Recent Developments
  • Alternative Energy Tax Exemption
5.21 Renewable Energy Policy Framework, Missouri
  • Renewable Portfolio Standards
  • Interconnection Standards
  • Energy Loan Program
5.22 Renewable Energy Policy Framework, Montana
  • Net Metering
  • Renewable Portfolio Standards
  • Interconnection Standards
  • Residential Alternative Energy System Tax Credit
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
  • Net Metering
  • Interconnection Standards
  • Large Scale Renewable Energy Producers Property Tax Abatement
  • Renewable Energy Systems Property Tax Exemption
  • Renewable Energy Tax Abatements
  • Valley Electric Association - Net Billing
5.25 Renewable Energy Policy Framework, New Mexico
  • Net Metering
  • Interconnection Standards
  • Renewable Portfolio Standards
  • Mandatory Utility Green Power Option
  • New Mexico Solar Tax Credit
  • Community Solar Program
  • PNM - Small Systems Solar REC Purchase Program
  • Local Option - Renewable Energy Financing District/Solar Energy Improvement Special Assessments
5.26 Renewable Energy Policy Framework, New York
  • Clean Energy Standard (CES)
  • Net Metering and Value of Distributed Energy Resource (VDER)Tariff
  • Interconnection Standards
  • Clean Energy Fund
  • Renewable Auctions
  • Residential Solar Tax Credit
  • Sun Commercial and Industrial Incentive Program
  • PSEG Solar Communities Feed-In Tariff V
  • Solar Sales Tax Exemption
  • Exemption of Solar, Wind, and Biomass Energy Systems
5.27 Renewable Energy Policy Framework, North Carolina
  • Renewable Portfolio Standards
  • Interconnection Standards
  • Net Metering
  • Competitive bidding/Auctions for Renewable Energy
  • Local Option - Financing Program for Renewable Energy and Energy Efficiency
  • Wind Energy Permitting Standards
  • Duke Energy - NC Solar Rebate Program
5.28 Renewable Energy Policy Framework, Ohio
  • Renewable Portfolio Standards
  • Solar Renewable Energy Certificates Program
5.29 Renewable Energy Policy Framework, Oregon
  • Renewable Portfolio Standards
  • Renewable Energy Certificates (RECs)
  • Net Metering
  • Interconnection Standards
  • Oregon Community Solar Program
  • Wind Incentive Program
  • Mandatory Utility Green Power Option
  • PGE Renewable Development Fund
  • Solar Permitting Law
  • Renewable Energy Systems Tax Exemption
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
  • Renewable Energy System Exemption
  • Renewable Energy Facility Sales and Use Tax Reimbursement
  • Interconnection Standards
  • South Dakota Solar and Wind Easement Law
5.32 Renewable Energy Policy Framework, Texas
  • Solar Energy Device Franchise Tax Deduction
  • Solar and Wind Energy Business Franchise Tax Exemption
  • Renewable Energy Systems Property Tax Exemption
  • Interconnection Standards
  • Solar Incentives
  • Austin Energy - Value of Solar Residential Rate
  • Austin Energy - Commercial Solar PV Incentive Program
  • Green Mountain Energy Renewable Rewards Program
  • Renewable Energy Rebate Programs
  • Renewable Portfolio Standards
5.33 Renewable Energy Policy Framework, Utah
  • Renewable Energy Systems Tax Credit
  • Alternative Energy Development Incentive (Tax Credit)
  • Alternative Energy Sales Tax Exemption
  • Renewable Portfolio Standards
  • Renewable Energy Certificates
  • Interconnection Standards
5.34 Renewable Energy Policy Framework, Vermont
  • Investment Tax Credit
  • Renewable Energy Systems Sales Tax Exemption
  • Local Option - Property Tax Exemption
  • Uniform Capacity Tax and Exemption for Solar
  • Net Metering
  • Interconnection Standards
  • Renewable Portfolio Standards
  • Renewable Energy Certificates
  • Clean Energy Development Fund
  • GMP Solar Power
  • Standard Offer Program
5.35 Renewable Energy Policy Framework, Virginia
  • Renewable Portfolio Standards
  • Net metering
  • Renewable Energy Targets
  • Energy Storage Target
  • Interconnection Standards
  • Mandatory Utility Green Power Option
  • Solar Rights and Easements
5.36 Renewable Energy Policy Framework, Washington
  • Renewable Portfolio Standards
  • Renewable Energy Credits
  • Net Metering
  • Interconnection Standards
  • Mandatory Utility Green Power Option
  • Avista Corporation - My Clean Energy
  • Pacific Power - Blue Sky Community Project Funds
  • Solar Easements & Rights Laws
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, 2001-2021
Table 2: Primary Energy Consumption, Global, 2001-2021
Table 3: Renewable Power Market, United States, Cumulative Installed Capacity by Source (GW), 2010-2035
Table 4: Renewable Power Market, United States, Cumulative Installed Capacity Share by Source (%), 2021 and 2035
Table 5: Renewable Power Market, United States, Net Capacity Additions by Source (GW), 2021-2035
Table 6: Renewable Power Market, United States, Capacity Growth by Source, 2021-2035
Table 7: Renewable Power Market, United States, Power Generation by Source (TWh), 2010-2035
Table 8: Renewable Power Market, United States, Growth in Power Generation by Source, 2021-2035
Table 9: Solar PV Market, United States, Installed Capacity (GW), 2010-2035
Table 10: Solar PV Market, United States, Power Generation (TWh), 2010-2035
Table 11: Solar PV Market, United States, Market Size, 2010-2030
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 ($m), 2010-2021
Table 16: Solar PV Market, United States, Deals by Type, 2021
Table 17: Solar PV Module Market, United States, Crystalline Modules, Market Size ($m), 2012-2026
Table 18: Solar PV Module Market, United States, Thin-film Modules, Market Size ($m), 2012-2026
Table 19: Renewable Energy Market, US, Investment Tax Credit
Table 20: Renewable Energy Market, US, Sun shot Progress and Goals
Table 21: Renewable Energy Market, US, Renewable Portfolio Standards, State Targets
Table 22: FiTs, LADWP, Los Angeles, California, 2022
Table 23: FiT+ Auction Details, LADWP, Los Angeles, California, 2022
Table 24: Renewable Energy Targets, California, Renewable Portfolio Standard Targets (%)
Table 25: Utility Incentive Program for Renewable Power Plants, Colorado, 2022
Table 26: REC Results, Eversource Energy, Connecticut
Table 27: Green Energy Program Incentives, Delmarva Power, Delaware
Table 28: Municipal Green Energy Program Incentives, Newark and Dover, Delaware
Table 29: Renewable Portfolio Standards (%), Delaware
Table 30: Tier Definitions for SREC Spot Market Program, Delmarva Power, Delaware
Table 31: SREC Auction Results, 2019, Delaware
Table 32: CGS Plus Tariff, Hawaii, 2022
Table 33: CGS Plus Capacity, Hawaii, 2022
Table 34: Smart Export Tariffs, Hawaii, 2022
Table 35: Smart Export Capacity, Hawaii, 2022
Table 36: CBRE Tariff and Capacity, Hawaii, 2021
Table 37: Renewable Portfolio Standards (%), Hawaii
Table 38: Renewable Portfolio Standards for IOUs, Illinois
Table 39: Renewable Portfolio Standards for ARES, Illinois
Table 40: Interconnection Standards, Illinois
Table 41: FiT rates, NIPSCO, Indiana, 2021
Table 42: Interconnection Standards, Iowa
Table 43: Commercial Clean Energy Rebates, Maryland
Table 44: Renewable Portfolio Standards (%), Maryland
Table 45: Interconnection Standards, Massachusetts
Table 46: Interconnection Standards, Missouri
Table 47: Interconnection Standards, Montana
Table 48: LES Customer Owned Generation Scheme, Nebraska
Table 49: Interconnection Standards, New Mexico
Table 50: Interconnection Standards, New York
Table 51: Interconnection Standards, North Carolina
Table 52: Renewable Portfolio Standards %, Ohio
Table 53: Renewable Portfolio Standards % for Large IOUs, Oregon
Table 54: Loan Programs, South Carolina
Table 55: Rebate Programs, South Carolina
Table 56: Value of Solar Rate, Austin Energy, Texas, 2022
Table 57: Rebate Programs, Texas
Table 58: Renewable Portfolio Standards (%), Virginia
Table 59: WEC Energy Group Inc, Major Products and Services
Table 60: The AES Corp, Major Products and Services
Table 61: Santee Cooper, Major Products and Services
Table 62: PPL Corp, Major Products and Services
Table 63: PNM Resources Inc, Major Products and Services
Table 64: NRG Energy Inc, Major Products and Services
Table 65: Infrastructure and Energy Alternatives Inc, Major Products and Services
Table 66: Georgia Power Co, Major Products and Services
Table 67: First Solar Inc, Major Products and Services
Table 68: Avangrid Inc, Major Products and Services
Table 69: Abbreviations
List of Figures
Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001-2021
Figure 2: Primary Energy Consumption, Global, 2001-2021
Figure 3: Renewable Power Market, United States, Cumulative Installed Capacity by Source (GW), 2010-2035
Figure 4: Renewable Power Market, United States, Cumulative Installed Capacity Share by Source (%), 2021 and 2035
Figure 5: Renewable Power Market, United States, Net Capacity Additions by Source (GW), 2021-2035
Figure 6: Renewable Power Market, United States, Capacity Growth by Source, 2021-2035
Figure 7: Renewable Power Market, United States, Power Generation by Source (TWh), 2010-2035
Figure 8: Renewable Power Market, United States, Growth in Power Generation by Source, 2021-2035
Figure 9: Solar PV Market, United States, Installed Capacity (GW), 2010-2035
Figure 10: Solar PV Market, United States, Power Generation (TWh), 2010-2035
Figure 11: Solar PV Market, United States, Market Size, 2010-2030
Figure 12: Solar PV Market, United States, Snapshot of Upcoming Plants
Figure 13: Solar PV Market, United States, Deal Volume vs. Deal Value ($m), 2010-2021
Figure 14: Solar PV Market, United States, Split by Deal Type (%), 2021
Figure 15: Solar PV Module Market, United States, Crystalline Modules, Market Size ($m), 2012-2026
Figure 16: Solar PV Module Market, United States, Thin-film Modules, Market Size ($m), 2012-2026

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