1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Executive Summary
2.1 Global Carbon Emissions Increased by around
1.7% in 2018
2.2 Thermal energy will continue to remain the dominant energy source in US
2.3 Renewable energy is expected to double its share in the country’s power mix by 2030
2.4 Solar PV is expected to take the top position in renewable energy mix by 2030
3 Introduction
3.1 Carbon Emissions, Global, 2001–2018
3.2 Primary Energy Consumption, Global, 2001–2040
3.3 Solar PV, Global, Technology Definition and Classification
3.4 Report Guidance
4 Power Market, United States, 2010-2030
4.1 Power Market, United States, Overview
4.2 Power Market, United States, Installed Capacity, 2010–2030
4.2.1 Power Market, United States, Cumulative Installed Capacity by Fuel Type, 2010–2030
4.2.2 Power Market, United States, Share in Cumulative Installed Capacity Split by Source Type, 2018 and 2030
4.2.3 Power Market, United States, Net Capacity Additions by Fuel Type, 2018 and 2030
4.2.4 Power Market, United States, Comparison of Technologies Based on Installed Capacity, 2018–2030
4.3 Power Market, United States, Power Generation, 2010–2030
4.3.1 Power Market, United States, Power Generation by Fuel Type, 2010–2030
4.3.2 Power Market, United States, Comparison of Technologies Based on Power Generation, 2018–2030
5 Renewable Power Market, United States, 2010–2030
5.1 Renewable Power Market, United States, Overview
5.2 Renewable Power Market, United States, Installed Capacity, 2010-2030
5.2.1 Renewable Power Market, United States, Cumulative Installed Capacity by Source Type, 2010-2030
5.2.2 Renewable Power Market, United States, Cumulative Installed Capacity Split by Source Type, 2018 and 2030
5.2.3 Renewable Power Market, United States, Net Capacity Additions by Source Type, 2018-2030
5.2.4 Renewable Power Market, United States, Comparison of Renewable Power Sources Based on Installed Capacity, 2018–2030
5.3 Renewable Power Market, United States, Power Generation, 2010-2030
5.3.1 Renewable Power Market, United States, Power Generation by Source Type, 2010-2030
5.3.2 Renewable Power Market, United States, Comparison of Renewable Power Sources Based on Power Generation, 2018-2030
6 Solar PV Market, United States
6.1 Solar PV Market, United States, Overview
6.2 Key Findings
6.3 Evolution of Solar PV Market in US
6.4 Solar PV Market, United States, Installed Capacity, 2010 – 2030
6.4.1 Solar PV Market, US, Installed Capacity by State, 2010–2018
6.4.2 Solar PV Market, US, Quarterly Additions, 2018
6.4.3 Solar PV Market, US, Capacity Share by Type of Installation, 2017 & 2018
6.4.4 Solar PV Market, US, Residential PV Quarterly Additions (MW), 2017–2018
6.5 Solar PV Market, United States, Power Generation, 2010–2030
6.5.1 Solar PV Market, US, Electricity Generation by State, 2010–2018
6.6 Solar PV Market, United States, Project Based Analysis, 2018
6.6.1 Solar PV Market, United States, Major Active Plants, 2018
6.6.2 Solar PV Market, United States, Upcoming Projects, 2018
6.6.3 Solar PV Market, United States, Key Under-construction Projects, 2018
6.7 Solar PV Market, United States, Deal Analysis, 2018
6.7.1 Solar PV Market, United States, Deal Volume vs. Deal Value, 2006–2018
6.7.2 Solar PV Market, United States, Split by Deal Type, 2018
6.8 Solar PV Market, US, Number of Jobs (Thousands), 2011-2018
6.9 Solar PV Market, US, Market Size, 2010–2030
6.10 Solar PV Market, United States, Exports and Imports ($m), 2010–2018
6.11 Solar PV Market, United States, Key Drivers
6.11.1 Renewable Energy Target actively support market growth
6.11.2 US focusing more on decarbonization of power sector
6.11.3 SunShot initiative – One of the major factors for Solar PV growth in the US
6.11.4 Government initiatives helping the solar PV market to witness stable growth
6.11.5 California’s new home solar mandate is expected to drive the PV market in the US
6.12 Solar PV Market, United States, Key Restraints and Challenges
6.12.1 Lack of grid integration hinders the fast pace growth of the market
6.12.2 High import tariffs will slow down the development of solar PV
7 Renewable Energy Policy Framework, United States
7.1 Overview
7.2 Federal Initiatives
7.2.1 Tax Cuts and New Jobs Act
7.2.2 Production Tax Credits
7.2.3 Investment Tax Credits
7.2.4 Modified Accelerated Cost Recovery System
7.2.5 Manufacturing Tax Credit
7.2.6 Residential Renewable Energy Tax Credit
7.2.7 Renewable Energy Target
7.2.8 Energy Independence and Security Act
7.2.9 Rural Energy for America Program: Grants
7.2.10 Tribal Energy Program Grant
7.2.11 US Department of Energy – Loan Guarantee Program
7.2.12 Green Power Purchasing Goal
7.3 Federal Initiatives for Solar Power
7.3.1 Solar America Initiative
7.3.2 SunShot Initiative, 2030
7.4 Federal Initiatives for Wind Power
7.5 Federal Initiatives for Biopower and Biofuels
7.5.1 Energy Policy Act – Alternative Fuels
7.5.2 Biorefinery Assistance Program
7.5.3 Clean Air Act Amendments of 1990
7.6 Common State-Level Incentives
7.6.1 Overview
7.6.2 Renewable Portfolio Standards
7.6.3 Renewable Energy Certificates
7.6.4 Public Benefit Funds for Renewable Energy
7.6.5 Interconnection Standards
7.6.6 Net Metering
7.6.7 Property Assessed Clean Energy
7.7 Renewable Energy Policy Framework, California
7.7.1 Financial Incentives and Policy Support for Renewable Energy Sources, California
7.7.2 Financial Incentives and Policy Support for Solar, California
7.8 Renewable Energy Policy Framework, North Carolina
7.8.1 Renewable Portfolio Standards
7.8.2 Interconnection Standards
7.8.3 Net Metering
7.8.4 Feed-in Tariffs in North Carolina
7.8.5 TVA – Green Power Providers
7.8.6 Competitive bidding/Auctions for Renewable Energy
7.8.7 Local Option – Financing Program for Renewable Energy and Energy Efficiency
7.8.8 Model Wind Energy Systems Ordinance
7.8.9 Wind Energy Permitting Standards
7.8.10 City of Asheville – Building Permit Fee Rebates
7.8.11 Property Tax Abatement for Solar Electric Systems
7.8.12 Green Building Incentives
7.8.13 Solar Energy Development Ordinance
7.8.14 Competitive Energy Solutions for North Carolina Law
7.8.15 Duke Energy proposes solar rebates in North Carolina
7.9 Renewable Energy Policy Framework, Arizona
7.9.1 Energy Modernization Plan
7.9.2 Renewable Portfolio Standard
7.9.3 Net Metering/Billing
7.9.4 Energy Efficiency Standards
7.9.5 Renewable Energy Incentive Program
7.9.6 Residential Solar and Wind Energy Systems Tax Credit
7.9.7 Renewable Energy Production Tax Credit
7.9.8 Sunwatts Rebate Program
7.9.9 Solar and Wind Equipment Sales Tax Exemption
7.9.10 Interconnection Guidelines
7.9.11 Solar Construction Permitting Standards
7.9.12 Solar & Wind Equipment Certification
7.9.13 Salt River Project: Commercial Solar Electric Program
7.10 Renewable Energy Policy Framework, Nevada
7.10.1 Renewable Portfolio Standard
7.10.2 Nevada: Net Metering
7.10.3 Interconnection Standards
7.10.4 NV Energy: Renewable Generations Rebate Program
7.10.5 Large Scale Renewable Energy Producers Property Tax Abatement
7.10.6 Renewable Energy Systems Property Tax Exemption
7.10.7 Renewable Energy Sales and Use Tax Abatement
7.10.8 Revolving Loan Program
7.11 Renewable Energy Policy Framework, Texas
7.11.1 Solar and Wind Energy Device Franchise Tax Deduction
7.11.2 Solar and Wind Energy Business Franchise Tax Exemption
7.11.3 Renewable Energy Systems Property Tax Exemption
7.11.4 Net Metering
7.11.5 Austin Energy – Value of Solar Residential Rate
7.11.6 Interconnection Standards
7.11.7 Renewable Portfolio Standards
7.11.8 Renewable Energy Certificates
7.11.9 City of Austin – Renewables Portfolio Standard
7.11.10 San Antonio City Public Service Renewable Portfolio Goal
7.11.11 Renewable Energy Loans
7.11.12 Renewable Energy Rebate Programs
7.11.13 Green Mountain Energy Renewable Rewards Program
7.11.14 Austin Energy – Commercial Solar PV Incentive Program
7.12 Renewable Energy Policy Framework, New Jersey
7.12.1 Financial Incentives and Policy Support for Renewable Energy Sources, New Jersey
7.12.2 Financial Incentives and Policy Support for Solar, New Jersey
7.13 Renewable Energy Policy Framework, Massachusetts
7.13.1 Renewable Portfolio Standard
7.13.2 Alternative Energy Portfolio Standard
7.13.3 Solar Renewable Energy Credits
7.13.4 Solar Massachusetts Renewable Target (SMART) Program
7.13.5 Clean Energy Standard
7.13.6 Net Metering
7.13.7 Interconnection Standards
7.13.8 Offshore Wind Auction
7.13.9 Concord Municipal Light Plant – Solar Photovoltaic Rebate Program
7.13.10 Hudson Light & Power – Photovoltaic Incentive Program
7.13.11 Reading Municipal Light Department – Residential Renewable Energy Rebates
7.13.12 Taunton Municipal Lighting Plant – Residential PV Rebate Program
7.13.13 Chicopee Electric Light – Residential Solar Rebate Program
7.13.14 Residential Renewable Energy Income Tax Credit
7.13.15 Renewable Energy Trust Fund
7.13.16 Commonwealth Organics-to-Energy Program
7.13.17 Commonwealth Hydropower Program
7.13.18 Renewable Energy Property Tax Exemption
7.13.19 Local Option – Commercial PACE Financing
7.13.20 Local Option – Energy Revolving Loan Fund
7.13.21 Green Communities Grant Program
7.13.22 Renewable Energy Equipment Sales Tax Exemption
7.13.23 Commonwealth Wind Program
7.13.24 Mass Solar Loan Program
7.14 Renewable Energy Policy Framework, Florida
7.14.1 Net Metering
7.14.2 City of Tallahassee Utilities – Solar Loans
7.14.3 Property Tax Abatement for Renewable Energy Property
7.14.4 Broward County – Green Power Purchasing Policy
7.14.5 Miami-Dade County – Green Power Policy
7.14.6 Florida PACE program
7.14.7 Solar and CHP Sales Tax Exemption
7.14.8 Interconnection Standards
7.14.9 Residential Solar Leases
7.15 Renewable Energy Policy Framework, Utah
7.15.1 Renewable Energy Systems Tax Credit
7.15.2 Alternative Energy Manufacturing Tax Credit
7.15.3 Alternative Energy Development Incentive (Tax Credit)
7.15.4 Alternative Energy Sales Tax Exemption
7.15.5 Renewable Portfolio Standards
7.15.6 Renewable Energy Certificates
7.15.7 Net Metering
7.15.8 Interconnection Standards
7.15.9 Commercial PACE Financing
7.16 Renewable Energy Policy Framework, New York
7.16.1 Property Tax Abatement for Photovoltaic (PV) and Energy Storage equipment
7.16.2 Energy Efficiency Resource Standard
7.16.3 Clean Energy Standard (CES)
7.16.4 Green New Deal –Proposal for New Renewable Energy Goals
7.16.5 Auctions for offshore wind generation right
7.16.6 Net Metering
7.16.7 Interconnection Standards
7.16.8 Residential Solar Tax Credit (Solar Energy System Equipment Credit)
7.16.9 Sun PV Incentive Program
7.16.10 Sun Commercial and Industrial Incentive Program
7.16.11 REVitalize- NYSERDA
7.16.12 PSEG Long Island- Commercial Solar PV Feed-in Tariff
7.16.13 PSEG Long Island- Fuel Cell Resource Feed-in Tariff
7.16.14 Clean Energy Fund
7.16.15 Solar Sales Tax Exemption
7.16.16 Sun Loan Program
7.16.17 Exemption of Solar, Wind, and Biomass Energy Systems
7.16.18 Energy Conservation Improvements Property Tax Exemption
7.16.19 NY Green Bank
7.16.20 Solar For All Program
8 Solar PV Market, United States, Company Profiles
8.1 Company Snapshot: TerraForm Power, Inc.
8.1.1 TerraForm Power, Inc. – Company Overview
8.1.2 TerraForm Power, Inc. – Major Products and Services
8.1.3 TerraForm Power, Inc. – Head Office
8.2 Company Snapshot: NRG Energy, Inc.
8.2.1 NRG Energy, Inc. – Company Overview
8.2.2 NRG Energy, Inc. – Business Description
8.2.3 NRG Energy, Inc. – SWOT Analysis
8.2.4 NRG Energy, Inc. – Major Products and Services
8.2.5 NRG Energy, Inc. – Head Office
8.3 Company Snapshot: NextEra Energy Resources, LLC
8.3.1 NextEra Energy Resources, LLC – Company Overview
8.3.2 NextEra Energy Resources, LLC – Business Description
8.3.3 NextEra Energy Resources, LLC – SWOT Analysis
8.3.4 NextEra Energy Resources, LLC – Major Products and Services
8.3.5 NextEra Energy Resources, LLC – Head Office
8.4 Company Snapshot: LS Power Group
8.4.1 LS Power Group – Company Overview
8.4.2 LS Power Group – Major Products and Services
8.4.3 LS Power Group – Head Office
8.5 Company Snapshot: Consolidated Edison Development Inc
8.5.1 Consolidated Edison Development Inc – Company Overview
8.5.2 Consolidated Edison Development Inc – Major Products and Services
8.5.3 Consolidated Edison Development Inc – Head Office
8.6 Company Snapshot: Capital Dynamics Inc
8.6.1 Capital Dynamics Inc – Company Overview
8.6.2 Capital Dynamics Inc – Major Products and Services
8.6.3 Capital Dynamics Inc – Head Office
8.7 Company Snapshot: BHE Renewables LLC
8.7.1 BHE Renewables LLC – Company Overview
8.7.2 BHE Renewables LLC – Head Office
8.8 Company Snapshot: Berkshire Hathaway Energy Company
8.8.1 Berkshire Hathaway Energy Company – Company Overview
8.8.2 Berkshire Hathaway Energy Company – Business Description
8.8.3 Berkshire Hathaway Energy Company – SWOT Analysis
8.8.4 Berkshire Hathaway Energy Company – Major Products and Services
8.8.5 Berkshire Hathaway Energy Company – Head Office
9 Appendix
9.1 Abbreviations
9.2 Market Definitions
9.3 Methodology
9.4 Coverage
9.4.1 Secondary Research
9.4.2 Primary Research
9.4.3 Modeling and Forecasting
9.5 Contact Us
9.6 Disclaimer