{"id":14475,"date":"2020-08-07T15:45:00","date_gmt":"2020-08-07T15:45:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2020\/08\/07\/united-states-solar-energy-industry-report-2020-2025-with-detailed-profiles-of-m-a-mortenson-company-first-solar-nextera-energy-and-sunpower-corporation-among-others\/"},"modified":"2020-08-07T15:45:00","modified_gmt":"2020-08-07T15:45:00","slug":"united-states-solar-energy-industry-report-2020-2025-with-detailed-profiles-of-m-a-mortenson-company-first-solar-nextera-energy-and-sunpower-corporation-among-others","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/08\/07\/united-states-solar-energy-industry-report-2020-2025-with-detailed-profiles-of-m-a-mortenson-company-first-solar-nextera-energy-and-sunpower-corporation-among-others\/","title":{"rendered":"United States Solar Energy Industry Report 2020-2025 with Detailed Profiles of M. A. Mortenson Company, First Solar, NextEra Energy, and SunPower Corporation Among Others"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">DUBLIN<\/span>, <span class=\"xn-chron\">Aug. 7, 2020<\/span> \/PRNewswire\/ &#8212; The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5120275\/united-states-solar-energy-market-growth?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=bhwdq4&amp;utm_campaign=1421503+-+United+States+Solar+Energy+Industry+Report+2020-2025+with+Detailed+Profiles+of+M.+A.+Mortenson+Company%2c+First+Solar%2c+NextEra+Energy%2c+and+SunPower+Corporation+Among+Others&amp;utm_exec=joca220prd\" rel=\"nofollow\">&#8220;United States Solar Energy Market &#8211; Growth, Trends, and Forecasts (2020-2025)&#8221;<\/a> report has been added to <b>ResearchAndMarkets.com&#8217;s<\/b> offering.<\/p>\n<div id=\"prni_dvprnejpg54celeft\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg54celeft\" title=\"Research and Markets Logo\" border=\"0\" alt=\"Research and Markets Logo\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/539438\/Research_and_Markets_Logo.jpg\"\/><\/div>\n<p><span class=\"xn-location\">The United States<\/span> solar energy market is expected to grow at a CAGR of more than 15% during the forecast period of 2020-2025. In terms of competition, the market is fragmented.<\/p>\n<p>Factor such as supportive government policies to meet more energy demand through renewable energy is likely to drive <span class=\"xn-location\">the United States<\/span> solar energy market. However, <span class=\"xn-location\">the United States<\/span> 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 <span class=\"xn-location\">the United States<\/span> solar energy market.<\/p>\n<p><b>Key Highlights<\/b><\/p>\n<ul type=\"disc\">\n<li>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. <\/li>\n<li><span class=\"xn-location\">United States<\/span> government has planned to cut down the cost of electricity generation by 50% by 2030. Many states in the country such as <span class=\"xn-location\">California<\/span>, <span class=\"xn-location\">New Jersey<\/span>, and others have their solar energy targets for 2030, which are expected to create several opportunities for <span class=\"xn-location\">the United States<\/span> solar energy market in the future. <\/li>\n<li>Upcoming and ongoing projects focused on increasing share of solar in renewable energy in the country are likely to drive <span class=\"xn-location\">the United States<\/span> solar energy market during the forecast period.<\/li>\n<\/ul>\n<p><b>Market Trends<\/b><\/p>\n<p><b><i>Solar Photovoltaic (PV) Expected to Dominate the Market<\/i><\/b><\/p>\n<ul type=\"disc\">\n<li>In 2019, more than 1.7% of the total electricity generation in <span class=\"xn-location\">the United States<\/span> was from solar photovoltaic (PV), producing 69 terawatt-hours (TWh) of electricity, on the other hand, electricity generated from solar thermal was 3 terawatt-hours (TWh) thus contributing 0.1% of total power in the country. This makes solar photovoltaic (PV) source the dominating segment in <span class=\"xn-location\">Israel<\/span> solar energy market. <\/li>\n<li>In <span class=\"xn-chron\">May 2019<\/span>, the First solar announced the completion and commercial operation of its California Flats Solar Project. The project uses solar photovoltaic (PV) technology and has a total installed capacity of 280 megawatts (MW). <\/li>\n<li>In 2019, NextEra Energy Resources completed the construction of its Shaw Creek Solar energy center in <span class=\"xn-location\">Aiken, South Carolina<\/span>. The project has a total installed capacity of 74.9 megawatts (MW), which features more than 270,000 solar photovoltaic (PV) panels. <\/li>\n<li>Therefore, owing to the above projects, the solar photovoltaic (PV) segment is likely to dominate <span class=\"xn-location\">the United States<\/span> solar energy market during the forecast period.<\/li>\n<\/ul>\n<p><b><i>Upcoming and Ongoing Projects Expected to Drive the Market<\/i><\/b><\/p>\n<ul type=\"disc\">\n<li>In 2019, <span class=\"xn-location\">the United States<\/span> 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 <span class=\"xn-location\">the United States<\/span> has planned to go 100% on renewable energy resources. <\/li>\n<li>In 2019, the solar energy plant installation capacity in <span class=\"xn-location\">the United States<\/span> was 62298 megawatts (MW), which was higher than the installation capacity of 2018, 53184 megawatts (MW). <\/li>\n<li>In 2020, Ecoplexus Inc, a leading developer and owner of the renewable projects, announced the commencement of the Peak Durrance Solar Center in <span class=\"xn-location\">Florida<\/span>. 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. <\/li>\n<li>In <span class=\"xn-chron\">November 2019<\/span>, Cypress Creek Renewables got approval from St. Johnsville (NY) planning board to start the construction of the Tayandenega Solar project in <span class=\"xn-location\">New York<\/span>. The is expected to have an install capacity of 20 megawatts (MW) and is expected to start by the end of 2020. <\/li>\n<li>Hence, owing to the above points, upcoming and ongoing projects in the country are expected to drive <span class=\"xn-location\">the United States<\/span> solar energy market during the forecast period.<\/li>\n<\/ul>\n<p><b>Key Topics Covered<\/b> <\/p>\n<p><b>1. INTRODUCTION<\/b><br \/>1.1 Scope of the Study<br \/>1.2 Market Definition<br \/>1.3 Study Assumptions<\/p>\n<p><b>2. EXECUTIVE SUMMARY<\/b><\/p>\n<p><b>3. RESEARCH METHODOLOGY<\/b><\/p>\n<p><b>4. MARKET OVERVIEW<\/b><br \/>4.1 Introduction<br \/>4.2 United States Solar Energy Installation Capacity and Forecast in Megawatt (MW), till 2025<br \/>4.3 Recent Trends and Developments<br \/>4.4 Government Policies and Regulations<br \/>4.5 Market Dynamics<br \/>4.5.1 Drivers<br \/>4.5.2 Restraints<br \/>4.6 Supply Chain Analysis<br \/>4.7 PESTLE Analysis<\/p>\n<p><b>5. MARKET SEGMENTATION<\/b><br \/>5.1 Type<br \/>5.1.1 Solar Photovoltaic (PV)<br \/>5.1.2 Concentrated Solar Power<\/p>\n<p><b>6 COMPETITIVE LANDSCAPE<\/b><br \/>6.1 Mergers, Acquisitions, Collaboration, and Joint Ventures<br \/>6.2 Strategies Adopted by Key Players<br \/>6.3 Company Profiles (Overview, Products and Services\/Projects, Financials, and Recent Developments)<br \/><span class=\"xn-money\">6.3.1 M<\/span>. A. Mortenson Company<br \/>6.3.2 First Solar Inc.<br \/>6.3.3 NextEra Energy Inc.<br \/>6.3.4 SunPower Corporation<br \/>6.3.5 Renewable Energy Systems Ltd.<br \/>6.3.6 Rosendin Electric Inc. <br \/>6.3.7 Hanwha Corporation<br \/>6.3.8 LG Electronics Inc.<br \/>6.3.9 JinkoSolar Holding Co. Ltd.<br \/><span class=\"xn-chron\">6.3.10<\/span> Swinerton Renewable Energy<br \/><span class=\"xn-chron\">6.3.11<\/span> 8minute Solar Energy<\/p>\n<p><b>7. MARKET OPPORTUNITIES AND FUTURE TRENDS<\/b><\/p>\n<p>For more information about this report visit <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5120275\/united-states-solar-energy-market-growth?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=bhwdq4&amp;utm_campaign=1421503+-+United+States+Solar+Energy+Industry+Report+2020-2025+with+Detailed+Profiles+of+M.+A.+Mortenson+Company%2c+First+Solar%2c+NextEra+Energy%2c+and+SunPower+Corporation+Among+Others&amp;utm_exec=joca220prd\" rel=\"nofollow\">https:\/\/www.researchandmarkets.com\/r\/57nmoi<\/a> <\/p>\n<p>Research and Markets also offers <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/custom-research\" rel=\"nofollow\">Custom Research<\/a> services providing focused, comprehensive and tailored research.<\/p>\n<p><b>Media Contact:<\/b> <\/p>\n<p>Research and Markets <br \/><span class=\"xn-person\">Laura Wood<\/span>, Senior Manager <br \/><a href=\"mailto:press@researchandmarkets.com\" rel=\"nofollow\">press@researchandmarkets.com<\/a> <\/p>\n<p>For E.S.T Office Hours Call +1-917-300-0470 <br \/>For U.S.\/CAN Toll Free Call +1-800-526-8630 <br \/>For GMT Office Hours Call +353-1-416-8900 <\/p>\n<p>U.S. Fax: 646-607-1907 <br \/>Fax (outside U.S.): +353-1-481-1716<\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO86225&amp;sd=2020-08-07\"\/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/united-states-solar-energy-industry-report-2020-2025-with-detailed-profiles-of-m-a-mortenson-company-first-solar-nextera-energy-and-sunpower-corporation-among-others-301108400.html\">http:\/\/www.prnewswire.com\/news-releases\/united-states-solar-energy-industry-report-2020-2025-with-detailed-profiles-of-m-a-mortenson-company-first-solar-nextera-energy-and-sunpower-corporation-among-others-301108400.html<\/a><\/p>\n<p>SOURCE  Research and Markets<\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO86225&amp;Transmission_Id=202008071545PR_NEWS_USPR_____IO86225&amp;DateId=20200807\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">DUBLIN<\/span>, <span class=\"xn-chron\">Aug. 7, 2020<\/span> \/PRNewswire\/ &#8212; The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5120275\/united-states-solar-energy-market-growth?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=bhwdq4&amp;utm_campaign=1421503+-+United+States+Solar+Energy+Industry+Report+2020-2025+with+Detailed+Profiles+of+M.+A.+Mortenson+Company%2c+First+Solar%2c+NextEra+Energy%2c+and+SunPower+Corporation+Among+Others&amp;utm_exec=joca220prd\" rel=\"nofollow noopener noreferrer\">&#8220;United States Solar Energy Market -&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-14475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geovanny-vicente"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>United States Solar Energy Industry Report 2020-2025 with Detailed Profiles of M. 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