United States Solar Photovoltaic (PV) Analysis - Market Outlook to 2035, Update 2023
Summary
United States Solar Photovoltaic (PV) Analysis: Market Outlook to 2035, Update 2023 is the latest report from GlobalData, 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 GlobalData'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 (2010-2035), 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.
1 About GlobalData
2 Table of Contents
2.1 List of Tables
2.2 List of Figures
3 Introduction
3.1 Carbon Dioxide Emissions, Global, 2001–2022
3.2 Primary Energy Consumption, Global, 2001–2022
3.3 Report Guidance
4 Renewable Power Market, United States
4.1 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, 2022 and 2035
Renewable Power Market, United States, Net Capacity Additions by Source, 2023-2035
Renewable Power Market, United States, Capacity Growth by Source, 2022-2035
4.2 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, 2022-2035
5 Solar PV Market, United States
5.1 Solar PV Market, United States, Installed Capacity, 2010-2035
5.2 Solar PV Market, United States, Power Generation, 2010-2035
5.3 Solar PV Market, United States, Market Size, 2010-2030
5.4 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
5.5 Solar PV Market, United States, Deal Analysis, 2022
Solar PV Market, United States, Deal Volume vs. Deal Value, 2010–2022
Solar PV Market, United States, Split by Deal Type, 2022
5.6 Solar PV Module Market, United States, 2012-2026
Solar PV Module Market, United States, Market size by Type, 2012-2026
6 Renewable Energy Policy Framework, United States
6.1 Renewable Energy Market, US, Overview
6.2 Federal Initiatives, US
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
Modified Accelerated Cost Recovery System
Solar Manufacturing for America Act (SEMA)
Residential Renewable Energy Tax Credit
6.3 Renewable Energy Target
6.4 Rural Energy for America Program: Grants
6.5 Tribal Energy Program Grant
6.6 US Department of Energy – Loan Guarantee Program
6.7 Green Power Purchasing Goal
6.8 Federal Initiatives for Solar Power
SunShot Initiative, 2030
Solar Funding
Federal Initiatives for Wind Power
6.9 Federal Initiatives for Biopower and Biofuels
Energy Policy Act – Alternative Fuels
Biorefinery Assistance Program
DOE Funding for Renewables and Geothermal Energy
6.1 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)
7 Solar PV Power Market, United States, Company Profiles
7.1 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
7.2 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
7.3 Santee Cooper
Santee Cooper - Company Overview
Santee Cooper – Business Description
Santee Cooper - SWOT Analysis
Santee Cooper - Major Products and Services
Santee Cooper - Head Office
7.4 PPL Corp
PPL Corp - Company Overview
PPL Corp – Business Description
PPL Corp - SWOT Analysis
PPL Corp - Major Products and Services
PPL Corp - Head Office
7.5 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
7.6 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
8 Appendix
8.1 Abbreviations
8.2 Market Definitions
Power
Renewable Power
Installed Capacity
Electricity Generation
Electricity Consumption
8.3 Methodology
Coverage
Secondary Research
Primary Research
Modelling and Forecasting
9 Contact Us
2.1 List of Tables
Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022
Table 2: Primary Energy Consumption, Global, 2001–2022
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 (%), 2022 and 2035
Table 5: Renewable Power Market, United States, Net Capacity Additions by Source (GW), 2023-2035
Table 6: Renewable Power Market, United States, Capacity Growth by Source, 2022-2035
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, 2022-2035
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 ($M), 2010-2030
Table 12: Solar PV Market, United States, Major Active Plants
Table 13: Solar PV Market, United States, Snapshot of Upcoming Plants
Table 14: Solar PV Market, United States, Key Under-construction Projects
Table 15: Solar PV Market, United States, Deal Volume vs. Deal Value ($M), 2010–2022
Table 16: Solar PV Market, United States, Deals by Type, 2022
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 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: PNM Resources Inc, Major Products and Services
Table 29: NRG Energy In, Major Products and Services
Table 30: Abbreviations
2.2 List of Figures
Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022
Figure 2: Primary Energy Consumption, Global, 2001–2022
Figure 3: Renewable Power Market, United States, Cumulative Installed Capacity by Source (GW), 201