US Photovoltaic Market Analysis

This publication has been discontinued on June 3, 2011.

Below is the updated product.

US Photovoltaic Market Analysis

Published: March, 2011

Product code: 171944

Introduction

Abstract

The United States, being a global superpower, represents a fast growing and potentially strong photovoltaic industry. Increasing budget expenditure on crude oil, gas and coal, high grid installation and expansion costs, and increasing carbon emissions have triggered the PV industry growth in the US over the past few years. The PV industry registered phenomenal growth in 2009 despite recession. The total photovoltaic and Concentrating Solar Power (CSP) capacities surpassed 2 GW, with a significant increase in industry revenue. Photovoltaic energy solutions have qualified as the most feasible alternatives and have been increasingly gaining considerable attention of industry players across the nation.

According to our new research report "US Photovoltaic Market Analysis", the US federal government continued its support and substantially increased solar energy technology budget. Out of the total US$ 271 Million solar energy investments, 182 solar projects had received treasury grants of US$ 81 Million (as of early February 2010). With the help of notable government efforts and active participation of venture capitalists, the industry is expected to add around 0.87 GW of annual PV installations in 2010.

Among the segments, non-residential has shown the highest growth potential. In 2010, the impact of federal stimulus fund has come in full effect and installations suddenly rebounded with easy credit facilities and various state governments' tax incentives programs. Another interesting trend seen in the non-residential segment was the usage of Power Purchase Agreements (PPA' s). Various companies have now started signing PPA' s to make these installations more profitable and long term viable.

The report focuses on the growing marketplace for the PV industry at the national and state level and analyzes the current market trends along with future growth prospects. It evaluates all prominent market segments including residential, utilities and non-residential. The report provides statistics information, state level analysis, PV cost benefit trends, module wise cost forecasts, utility scale solar facilities, etc to help clients identify the factors critical for their successful market penetration and gain early entry advantages.

Table of Contents

1. Analyst View

2. Emerging Market Trends

• 2.1 Cost based FIT' s to Attract Capital Investments
• 2.2 Emergence of Combined Solar Thermal/Biomass Plants
• 2.3 Rapid Growth in Solar Water Heating (SWH) Market
• 2.4 Top 10 Utilities - Focal Point of Industry Growth

3. PV Industry Potentials in Renewable Energy Context

4. Industry Overview and Outlook till 2014

• 4.1 Market Overview
• 4.2 Installed Capacity
• 4.3 Installed Capacity by Sector
  • 4.3.1 Utility
  • 4.3.2 Non-Residential
  • 4.3.3 Residential
• 4.4 PV Cell Shipments
• 4.5 PV Cell Trade
• 4.6 PV Power Plants

5. State Level Analysis and Forecasts

• 5.1 Installed Capacities
• 5.2 Incentives & Grants
• 5.3 Cost Benefit Analysis
• 5.4 State Renewable Portfolio Standards and Targets by 2025

6. Analysis by Utility Scale Solar Facilities

7. PV Modules Cost Analysis

8. PV R&D Budget Analysis

9. Solar Policy - 2010

10. Competitive Landscape

• 10.1 First Solar Inc
• 10.2 Solar Power Inc.
• 10.3 SunPower Corporation
• 10.4 GT Solar International Inc
• 10.5 Evergreen Solar Inc.

List of Figures:

• Figure 2-1: Solar Thermal Collector Shipments (MW), 2007-2009
• Figure 3-1: Share of Solar Power in Renewable Energy Production (2009 & 2014)
• Figure 4-1: Share in Annual PV Installed Capacity (2009 & 2010)
• Figure 4-2: Annual PV Installed Capacity (GW), 2008-2014
• Figure 4-3: Cumulative PV Installed Capacity (GW), 2008-2014
• Figure 4-4: Annual Installed Grid Connected PV Capacity by Sector (%), 2009
• Figure 4-5: Annual Installed Grid Connected PV Capacity by Utility Sector (MW), 2008-2014
• Figure 4-6: Annual Installed Grid Connected PV Capacity by Non-Residential Sector (MW), 2008-2014
• Figure 4-7: Annual Installed Grid Connected PV Capacity by Residential Sector (MW), 2008-2014
• Figure 4-8: Photovoltaic Cells and Modules Shipments (' 000 Units), 2006-2009
• Figure 4-9: Photovoltaic Cell and Module Imports & Exports (' 000 Units), 2006-2008
• Figure 4-10: Cumulative Power Capacities of Large-Scale PV Power Plants (MW), 2007-2009
• Figure 6-1: Utility-Scale Solar Facilities by Region
• Figure 8-1: Solar Energy Technologies Budget (Million US$), FY 2008 to FY 2011
• Figure 8-2: Solar Energy Technology Budget by System (%), FY 2011

List of Tables:

• Table 2-1: Gainesville Feed-In-Tariff Program (2009-2016)
• Table 2-2: Share of Top 10 Utilities in Cumulative & Annual PV Installated Capacity (2007-2009)
• Table 4-1: Domestic Shipments of Photovoltaic Cells and Modules by Sector (Peak Kilowatts), 2008
• Table 5-1: Grid Connected PV Installed Capacity in Top 10 States (MW), 2008 & 2009
• Table 5-2: PV Programs and Incentives by States
• Table 5-3: Cost Benefit Analysis for 2-KW Solar System Installation by States
• Table 5-4: State Renewable Portfolio Standards and Targets by 2025
• Table 7-1: PV Module wise Price and Energy Purchase Trends (2010-2014)

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