United States Solar Energy Market Growth, Trends and Forecast – Cypress Creek Renewables, Llc, First Solar, Inc

The United States Solar Energy market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a 360-degree research study on the global United States Solar Energy market. Some of the tools used for this are SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for United States Solar Energy from 2021 till 2026.

The United States solar energy market is expected to grow at a CAGR of more than 15% during the forecast period of 2020-2025. Factor such as supportive government policies to meet more energy demand through renewable energy is likely to drive the United States solar energy market. However, the United States is the one of the largest and cheapest producer of natural gas in the world, about 38% of the electricity generated in the country is from natural gas, which is expected to restrain the United States solar energy market.

- The solar photovoltaic (PV) due to a significant decline in the cost of installation held a considerable market share in 2018 and is expected to dominate the market during the forecast period.

- United States government has planned to cut down the cost of electricity generation by 50% by 2030. Many states in the country such as California, New Jersey, and others have their solar energy targets for 2030, which are expected to create several opportunities for the United States solar energy market in the future.

- Upcoming and ongoing projects focused on increasing share of solar in renewable energy in the country are likely to drive the United States solar energy market during the forecast period.

Top leading Manufacturers Profiled in United States Solar Energy Market Report are: Cypress Creek Renewables, Llc, First Solar, Inc., NextEra Energy Inc, Ecoplexus Inc, and 8minutenergy Renewables LLC.

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Regional Analysis for United States Solar Energy Market:

For a comprehensive understanding of market dynamics, the global United States Solar Energy market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

Upcoming and Ongoing Projects Expected to Drive the Market

- In 2019, the United States added 9114 megawatts (MW) of solar installation in the country. The 50 states in the country contribute to the solar energy generation. Many counties in the United States has planned to go 100% on renewable energy resources.

- In 2019, the solar energy plant installation capacity in the United States was 62298 megawatts (MW), which was higher than the installation capacity of 2018, 53184 megawatts (MW).

- In 2020, Ecoplexus Inc, a leading developer and owner of the renewable projects, announced the commencement of the Peak Durrance Solar Center in Florida. The project is owned by Owned Utilities and is expected a total installed capacity of 35 megawatts (MW), which is likely to 125 gigawatt-hours (GWh) of electricity annually. The project is expected to be complete by 2022.

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What is the Impact of Covid-19 Outbreak on the United States Solar Energy?

- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global United States Solar Energy.
- United States Solar Energy Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

Frequently Asked Questions about the United States Solar Energy market:

- What are the recent developments and government policies?
- What are the top trends in the United States Solar Energy market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the United States Solar Energy market?
- Which region would offer high growth for vendors in the market?

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The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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