Solar EPC Global Market Report 2026

The solar EPC (engineering, procurement, and construction) refers to the process of designing, planning, and installation of solar power plants or systems, including engineering, procurement, and construction services. This involves sourcing and acquiring all the necessary materials, equipment, and components required for the solar project.

The main mounting types of solar EPC are ground, rooftop, and floating. Rooftop refers to the installation of solar power systems on the roofs of buildings that involves designing, installing, and maintaining solar power systems on rooftops. The various technologies include concentrated solar power and photovoltaic, which are used by several end-users, such as residential, commercial, industrial.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on imported solar modules, inverters, and mounting structures have increased overall EPC project costs, leading to delays and budget challenges, particularly for utility scale and commercial installations in regions such as Asia Pacific, North America, and Europe. These tariffs disproportionately impact photovoltaic EPC projects dependent on high efficiency imported components. However, domestic manufacturing is gaining momentum as tariffs encourage localized production, supply chain diversification, and long term sector resilience, partially offsetting cost escalations.

The main mounting types of solar EPC are ground, rooftop, and floating. Rooftop refers to the installation of solar power systems on the roofs of buildings that involves designing, installing, and maintaining solar power systems on rooftops. The various technologies include concentrated solar power and photovoltaic, which are used by several end-users, such as residential, commercial, industrial.

The solar epc market size has grown strongly in recent years. It will grow from $246.41 billion in 2025 to $259.58 billion in 2026 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to growth in large scale solar project development, early adoption of photovoltaic technologies, expansion of commercial and industrial solar installations, rise in government subsidies for solar infrastructure, increasing focus on reducing fossil fuel dependency.

The solar epc market size is expected to see strong growth in the next few years. It will grow to $317.6 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to rising investment in utility and floating solar projects, growing demand for rooftop solar installations, advancements in tracking and mounting technologies, expansion of smart grid and solar integration solutions, increasing need for scalable and cost efficient solar epc services. Major trends in the forecast period include growing deployment of utility scale solar epc projects, rising adoption of floating solar epc installations, increasing use of single and dual axis tracking systems, expansion of rooftop solar epc in residential and commercial sectors, shift toward integrated epc models for faster project delivery.

The growing demand for renewable energy sources is expected to drive the growth of the solar EPC (Engineering, Procurement, and Construction) market. Renewable energy refers to energy derived from naturally replenishing resources, such as sunlight, wind, rain, tides, waves, geothermal heat, and biomass. Solar EPC plays a crucial role in the implementation of solar energy projects by offering a comprehensive approach that includes design, procurement, and construction. This method helps optimize costs, ensure quality, and streamline the entire process, making it essential for the development and expansion of renewable energy, particularly solar power. For instance, in September 2024, according to data published by the UK Department for Energy Security and Net Zero, renewable energy accounted for 51.6% of total energy generation in Q2 2024, marking a 9.9 percentage point increase compared to Q2 2023. Solar PV accounted for three-quarters of these new installations. Therefore, the rising demand for renewable energy sources is fueling the growth of the solar EPC market.

Major companies operating in the solar EPC market are focusing on developing innovative solutions such as end-to-end digital lending to simplify rooftop solar project financing, accelerate adoption, and improve accessibility for both residential and commercial customers. End-to-end digital lending refers to a fully digital, technology-driven loan process that manages everything from application and credit assessment to disbursement and repayment. For instance, in July 2025, Fibe, an India-based digital lending platform, launched rooftop solar financing in Bharat, offering collateral-free loans, rapid digital approvals, and partnerships with over 100 solar EPC companies to expand residential solar installations across Tier 2 and Tier 3 cities. This solution helps households access sustainable energy while supporting EPC companies in scaling installations efficiently.

In July 2024, Complete Solar, Inc., a U.S.-based solar technology, services, and installation company, acquired Core Energy, LLC, for an undisclosed amount. Through this acquisition, Complete Solar aims to expand its installation footprint, strengthen project execution capabilities, and integrate Core Energy's operational team and expertise to deliver more efficient and large-scale solar energy projects. Core Energy is a US-based solar EPC company that provides Solar EPC services.

Major companies operating in the solar epc market are Bechtel Corp., Siemens Gamesa Renewable Energy S.A., Adani Group, Canadian Solar Inc., Xylem Inc., First Solar Inc., Black & Veatch Holding Company, Blattner Energy, Renewable Energy System Ltd., Juwi AG, Sterling and Wilson Pvt. Ltd., Anesco Ltd., Vikram Solar Limited, DEPCOM Power Inc., Q Cells, Core Development Group, Alas Solar System LLC, Sunel Group, Enerparc AG, Greenspark Solar, BELECTRIC Solar & Battery Holding GmbH, Strata Solar LLC, Hild Energy Pvt. Ltd., LNB Renewable, Eternia Solar, Swinerton Renewable Energy, Tata Power Solar Systems Ltd.

North America was the largest region in the solar EPC market in 2025. The regions covered in the solar epc market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the solar epc market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solar EPC market includes revenues earned by entities by providing end-to-end solar energy services, project development, operations and management, and the installation of solar panels and related equipment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Solar EPC Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses solar epc market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for solar epc ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The solar epc market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Mounting Type: Ground; Rooftop; Floating
• 2) By Technology: Concentrated Solar Power; Photovoltaic
• 3) By End-User: Residential; Commercial; Industrial
• Subsegments:
• 1) By Ground: Fixed Tilt Ground Mount; Single Axis Tracking Ground Mount; Dual Axis Tracking Ground Mount
• 2) By Rooftop: Residential Rooftop; Commercial Rooftop; Industrial Rooftop
• 3) By Floating: Fixed Floating Solar Systems; Tracking Floating Solar Systems
• Companies Mentioned: Bechtel Corp.; Siemens Gamesa Renewable Energy S.A.; Adani Group; Canadian Solar Inc.; Xylem Inc.; First Solar Inc.; Black & Veatch Holding Company; Blattner Energy; Renewable Energy System Ltd.; Juwi AG; Sterling and Wilson Pvt. Ltd.; Anesco Ltd.; Vikram Solar Limited; DEPCOM Power Inc.; Q Cells; Core Development Group; Alas Solar System LLC; Sunel Group; Enerparc AG; Greenspark Solar; BELECTRIC Solar & Battery Holding GmbH; Strata Solar LLC; Hild Energy Pvt. Ltd.; LNB Renewable; Eternia Solar; Swinerton Renewable Energy; Tata Power Solar Systems Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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