Canada Solar Photovoltaic (PV) Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Canada Solar Photovoltaic (PV) Market Report Overview
The cumulative installed capacity for solar PV in Canada was 5 GW in 2022. It is expected to achieve a CAGR of more than 8% during 2022-2035. The Canada Solar Photovoltaic (PV) market research report offers comprehensive information and understanding of the solar PV market in Canada. The report discusses the renewable power market in the country and provides forecasts up to 2035.
Canada Solar PV Market Outlook, 2022-2035 (GW)
Buy the Full Report for More Insights into Canada’s Solar PV Market Forecast
The report highlights installed capacity and power generation trends from 2010 to 2035 in the country’s solar PV market. Detailed coverage of the renewable energy policy framework governing the market is also provided in the report. The report provides company snapshots of some of the major market participants as well.
Cumulative Installed Capacity (2022) | 5 GW |
CAGR (2022-2035) | >8% |
Historical Period | 2010-2022 |
Forecast Period | 2023-2035 |
Key Deal Types | · Equity Offerings
· Acquisition · Debt Offerings · Asset Transactions · Private Equity · · Partnerships · Venture Financing |
Key Active Plants | · Perimeter Claresholm Solar PV Park
· Sol-Luce Kingston Solar PV Park · Grand Renewable Energy Solar PV Park · Sarnia Solar Farm · Enchant Solar PV Park |
Key Companies | · Northwest Territories Power Corp (NTPC)
· Northland Power Inc · Enbridge Inc · Canadian Solar Inc · Silfab Solar Inc · Heliene Inc |
Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Canada Solar PV Market Segmentation by Deal Types
The key deal types in the Canadian solar photovoltaic market are debt offerings, venture financing, acquisition, equity offerings, partnerships, private equity, and asset transactions. Most of the deals were closed by equity offerings in the solar PV market of Canada in 2022.
Canada Solar PV Market Analysis by Deal Types, 2022 (%)
Buy the Full Report for More Deal Type Insights into Canada Solar PV Market
Canada Solar PV Market - Major Active Plants
Some of the major active plants in the Canada solar photovoltaic market are Perimeter Claresholm Solar PV Park, Sol-Luce Kingston Solar PV Park, Grand Renewable Energy Solar PV Park, Sarnia Solar Farm, and Enchant Solar PV Park among others. As of 2023, Perimeter Claresholm Solar PV Park has the highest total capacity.
Canada Solar PV Market Analysis by Active Plants, 2023 (%)
Buy the Full Report for More Active Plant Insights into Canada Solar PV Market
Canada Solar PV Market – Competitive Landscape
The key companies in the Canada solar photovoltaic market are:
- Northwest Territories Power Corp (NTPC)
- Northland Power Inc
- Enbridge Inc
- Canadian Solar Inc
- Silfab Solar Inc
- Heliene Inc
Northwest Territories Power Corp (NTPC): It, a subsidiary of Northwest Territories Hydro Corp, is an integrated power utility. It generates, transmits, and distributes electricity and heat. The company produces energy from hydro, diesel, natural gas, and solar sources. NTPC also promotes power conservation through technical know-how and rebates. It serves customers across the Territory except for Sambaa K’e, Kakisa, and Fort Providence. The company’s service area includes communities that are only accessible by air, river barge, or winter roads. NTPC is headquartered in Hay River, Northwest Territories, Canada
Canada Solar PV Market Analysis by Companies, 2023
Buy the Full Report for More Company Insights into the Canada Solar PV Market
Segments Covered in The Report
Canada Solar PV Market Deal Types Outlook (%, 2022)
- Debt Offerings
- Venture Financing
- Acquisition
- Equity Offerings
- Partnerships
- Private Equity
- Asset Transactions
Scope
This report provides:
- A brief introduction to global carbon emissions and global primary energy consumption.
- An overview of the country’s renewable power market, highlighting installed capacity trends, generation trends, 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 the country’s solar PV market.
- Facilitate decision-making based on strong historical and forecast data for the 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.
Northland Power Inc
Enbridge Inc
Canadian Solar Inc
Silfab Solar Inc
Heliene Inc
Table of Contents
Table
Figures
Frequently asked questions
-
What was the Canada solar photovoltaic market cumulative installed capacity in 2022?
The cumulative installed capacity for solar PV in Canada was 5 GW in 2022.
-
What is the Canada solar photovoltaic market growth rate?
The Canada solar photovoltaic market is expected to achieve a CAGR of more than 8% during 2022-2035.
-
Which is the leading active plant in the Canada solar photovoltaic market?
As of 2023, Perimeter Claresholm Solar PV Park has the highest total capacity.
-
Who are the key companies in the Canada solar photovoltaic market?
Some of the major active plants in the Canada solar photovoltaic market are Northwest Territories Power Corp (NTPC), Northland Power Inc, Enbridge Inc, Canadian Solar Inc, Silfab Solar Inc, and Heliene Inc.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.