The US Solar Photovoltaic (PV) Analysis: Market Outlook to 2035, Update 2024
Summary
The US Solar Photovoltaic (PV) Analysis: Market Outlook to 2035, Update 2024 is the latest report from GlobalData, the industry analysis specialist, that offers comprehensive information and understanding of the solar PV market in The US. 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 2015 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 GlobalData's team of industry experts.
Scope
The report analyses The US'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 (2015-2035), generation trends (2015-2035), 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.
- 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.
- 1 Introduction
- 1.1 Carbon Dioxide Emissions, Global, 2015–2023
- 1.2 Primary Energy Consumption, Global, 2015–2023
- 1.3 Report Guidance
- 2 Renewable Power Market, US
- 2.1 Renewable Power Market, US, Installed Capacity, 2015-2035
- Renewable Power Market, US, Cumulative Installed Capacity by Source, 2015-2035
- Renewable Power Market, US, Cumulative Installed Capacity Share by Source, 2023 and 2035
- Renewable Power Market, US, Net Capacity Additions by Source, 2024-2035
- Renewable Power Market, US, Capacity Growth by Source, 2023-2035
- 2.2 Renewable Power Market, US, Power Generation, 2015-2035
- Renewable Power Market, US, Power Generation by Source, 2015-2035
- Renewable Power Market, US, Growth in Power Generation by Source, 2023-2035
- 3 Solar PV Market, US
- 3.1 Solar PV Market, US, Installed Capacity, 2015-2035
- 3.2 Solar PV Market, US, Power Generation, 2015-2035
- 3.3 Solar PV Market, US, Market Size, 2015-2030
- 3.4 Solar PV Market, US, Power Plants
- Solar PV Market, US, Major Active Plants
- Solar PV Market, US, Snapshot of Upcoming Plants
- Solar PV Market, US, Key Under-construction Projects.
- 3.5 Solar PV Market, US, Deal Analysis, 2023
- Solar PV Market, US, Deal Volume vs. Deal Value, 2015–2023
- Solar PV Market, US, Split by Deal Type, 2023
- 3.6 Solar PV Module Market, US, 2015-2028
- Solar PV Module Market, US, Crystalline Modules, Market Size, 2015-2028
- Solar PV Module Market, US, Thin-film Modules, Market size, 2015-2028
- 4 Renewable Energy Market, US, Overview
- 4.1 Federal Initiatives, US
- Brief of the upcoming 2025 Budget
- Climate Goals in Federal Fiscal Year 2024 Budget
- Tax Cuts and New Jobs Act (TCJA)
- Inflation Reduction Act (IRA)
- Production Tax Credits
- Investment Tax Credits
- Solar Manufacturing for America Act (SEMA)
- Residential Renewable Energy Tax Credit
- Renewable Energy Target
- Rural Energy for America Program: Grants
- Empowering Rural America Program (New ERA)
- Tribal Energy Program Grant
- US Department of Energy – Loan Guarantee Program
- Green Power Purchasing Goal
- Federal Initiatives for Solar Power
- SunShot Initiative, 2030
- Solar Funding
- Federal Initiatives for Wind Power
- Federal Initiatives for Biopower and Biofuels
- Energy Policy Act – Alternative Fuels
- Biorefinery Assistance Program
- DOE Funding for Renewables and Geothermal Energy
- Hydrogen Energy – DOE Hydrogen Program
- 4.2 Common State-Level Incentives
- Overview
- Renewable Portfolio Standards
- Renewable Energy Certificates
- Public Benefit Funds for Renewable Energy
- Interconnection Standards
- Standard Interconnection Agreements for Wind Power Plants
- Net Metering
- Property Assessed Clean Energy (PACE)
- 5 Solar PV Power Market, US, Company Profiles
- 5.1 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
- 5.2 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
- 5.3 Santee Cooper
- Santee Cooper - Company Overview
- Santee Cooper – Business Description
- Santee Cooper - SWOT Analysis
- Santee Cooper - Major Products and Services
- Santee Cooper - Head Office
- 5.4 PPL Corp
- PPL Corp - Company Overview
- PPL Corp – Business Description
- PPL Corp - SWOT Analysis
- PPL Corp - Major Products and Services
- PPL Corp - Head Office
- 5.5 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 Appendix
- 6.1 Abbreviations
- 6.2 Methodology
- Coverage
- Secondary Research
- Primary Research
- Modelling and Forecasting
- 7 About GlobalData
- 8 Contact Us
- List of Tables
- Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2015–2023
- Table 2: Primary Energy Consumption, Global, 2015–2023
- Table 3: Renewable Power Market, US, Cumulative Installed Capacity by Source (GW), 2015-2035
- Table 4: Renewable Power Market, US, Cumulative Installed Capacity Share by Source (%), 2023 and 2035
- Table 5: Renewable Power Market, US, Net Capacity Additions by Source (GW), 2024-2035
- Table 6: Renewable Power Market, US, Capacity Growth by Source, 2023-2035
- Table 7: Renewable Power Market, US, Power Generation by Source (TWh), 2015-2035
- Table 8: Renewable Power Market, US, Growth in Power Generation by Source, 2023-2035
- Table 9: Solar PV Market, US, Installed Capacity (GW), 2015-2035
- Table 10: Solar PV Market, US, Power Generation (TWh), 2015-2035
- Table 11: Solar PV Market, US, Market Size ($M), 2015-2030
- Table 12: Solar PV Market, US, Major Active Plants - Onshore
- Table 13: Solar PV Market, US, Snapshot of Upcoming Plants
- Table 14: Solar PV Market, US, Key Under-construction Projects
- Table 15: Solar PV Market, US, Deal Volume vs. Deal Value ($M), 2015–2023
- Table 16: Solar PV Market, US, Deals by Type, 2023
- Table 17: Solar PV Module Market, US, Crystalline Modules, Market Size ($M), 2015-2028
- Table 18: Solar PV Module Market, US, Thin-film Modules, Market Size ($M), 2015-2028
- Table 19: Renewable Energy Project Tax Components and changes with new tax code, US
- Table 20: Renewable Energy Market, US, Investment Tax Credit
- Table 21: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2018–2025
- Table 22: Renewable Energy Market, US, Sun shot Progress and Goals
- Table 23: Renewable Energy Market, US, Renewable Portfolio Standards, State Targets
- Table 24: WEC Energy Group Inc, Major Products and Services
- Table 25: The AES Corp, Major Products and Services
- Table 26: Santee Cooper, Major Products and Services
- Table 27: PPL Corp, Major Products and Services
- Table 28: NRG Energy Inc, Major Products and Services
- Table 29: Abbreviations
- List of Figures
- Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2015–2023
- Figure 2: Primary Energy Consumption, Global, 2015–2023
- Figure 3: Renewable Power Market, US, Cumulative Installed Capacity by Source (GW), 2015-2035
- Figure 4: Renewable Power Market, US, Cumulative Installed Capacity Share by Source (%), 2023 and 2035
- Figure 5: Renewable Power Market, US, Net Capacity Additions by Source (GW), 2024-2035
- Figure 6: Renewable Power Market, US, Capacity Growth by Source, 2023-2035
- Figure 7: Renewable Power Market, US, Power Generation by Source (TWh), 2015-2035
- Figure 8: Renewable Power Market, US, Growth in Power Generation by Source, 2023-2035
- Figure 9: Solar PV Market, US, Installed Capacity (GW), 2015-2035
- Figure 10: Solar PV Market, US, Power Generation (TWh), 2015-2035
- Figure 11: Solar PV Market, US, Market Size ($M), 2015-2030
- Figure 12: Solar PV Market, US, Snapshot of Upcoming Plants
- Figure 13: Solar PV Market, US, Deal Volume vs. Deal Value ($M), 2015–2023
- Figure 14: Solar PV Market, US, Split by Deal Type (%), 2023
- Figure 15: Solar PV Module Market, US, Crystalline Modules, Market Size ($M), 2015-2028
- Figure 16: Solar PV Module Market, US, Thin-film Modules, Market Size ($M), 2015-2028
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