The US Solar PV Market Analysis: Policies and Incentives, Industry Trends and Forecasts to 2015

• Publication date: February 2010

Description The US Solar PV Market Analysis: Policies and Incentives, Industry Trends and Forecasts to 2015 Summary "The US Solar PV Market Analysis:Policies and Incentives, Industry Trends and Forecasts to 2015" gives an in-depth analysis of the US solar Photovoltaic (PV) market and provides forecasts up to 2015. The research analyzes the key trends, major issues and growth opportunities in the US solar PV mar...

Description

The US Solar PV Market Analysis: Policies and Incentives, Industry Trends and Forecasts to 2015

Summary

"The US Solar PV Market Analysis:Policies and Incentives, Industry Trends and Forecasts to 2015" gives an in-depth analysis of the US solar Photovoltaic (PV) market and provides forecasts up to 2015. The research analyzes the key trends, major issues and growth opportunities in the US solar PV market. Market share by installed capacity, elaborate profiling of major market participants, information on major solar PV parks and analysis of important news and deals provide insight into the competitive scenario in the US solar PV market. This coupled with detailed information on the regulatory framework and key policies governing the market provide a comprehensive understanding of the market for solar PV in the US.



- The report provides detailed market opportunities and challenges for present and potential the US solar PV market players in the world
- The report covers detailed qualitative analysis of the market scenario and analysis of the US Solar PV market
- The report covers detail analysis of technology, market forces, market trends, market shares, systems market, PV cell market, and Financing trends
- The report details historical and forecast statistics along with growth estimates for power installed capacity and generation from solar PV from 2001 to 2015 in the US (United States)
- The report covers information on key current and upcoming solar parks in the US
- The report includes elaborate profiles of key market participants and policy and regulatory framework governing the market. Key companies covered include GE Energy, NextEra Energy Resources, United Solar Ovonic, SunPower Corporation, First Solar, Inc, Evergreen Solar, Inc. GT Solar International, Inc., Global Solar Energy, Inc., etc
- The report also provides updated news and deals pertaining to the market.

Reasons to buy

- Identify key growth and investment opportunities in the US solar PV market
- Identify key partners and business development avenues
- Position yourself to gain the maximum advantage of the industry’s growth potential by developing strategies based on the latest operational and regulatory events
- Identify key strengths and weaknesses of the US solar PV market
- Facilitate decision-making based on strong historic and forecast data

Companies Mentioned

GE Energy
NextEra Energy Resources, LLC
United Solar Ovonic, LLC
SunPower Corporation
First Solar, Inc.
Evergreen Solar, Inc.
GT Solar International, Inc.
Global Solar Energy, Inc.
Advent Solar, Inc.
EMCORE Corporation
Envision Solar

Solar Photovoltaic Industry in the United States

Table of Contents

1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 12
2 Executive Summary 13
2.1 Global Solar PV market is growing rapidly 13
2.2 The US solar PV market is driven my government support policies 13
2.3 Share of on-grid installed capacity increased 13
2.4 California is the largest solar PV market in the US 13
2.5 Systems revenue increasing even with declining prices 14
2.6 US Solar PV cell production increasing steadily 14
2.7 The US solar PV market has witnessed a decline in deal value and volume during 2009 14
3 Global Solar Photovoltaic Power Market, 2001-2015 15
3.1 Global Solar Photovoltaic Power Market, Overview 15
3.2 Global Solar PV Power Market, Historical and Forecast Installed Capacity, 2001-2015 17
3.3 Global Solar PV Market, Historical and Forecast Power Generation 21
3.4 Global Solar PV Power Market, Country Split by Cumulative Installed Capacity, 2009 22
4 The US Solar Photovoltaic Market, 2001-2015 25
4.1 The US Power Market, Overview 25
4.2 The US Power Market, Electricity Production by Fuel Type 25
4.3 The US Renewable Power Market, Overview 26
4.4 The US Renewable Power Market, Cumulative Installed Capacity by Fuel Type, 2009 27
4.5 The US Renewable Power Market, Growth by Fuel Type, 2001-2009 28
5 The US Solar PV Power Market 29
5.1 The US Solar PV Power Market, Overview 29
5.2 The US Solar PV Power Market, Historical and Forecast Installed Capacity, 2001-2015 30
5.3 The US Solar PV Power Market, Historical Cumulative Installed Capacity by Grid Connectivity, 2001-2009 32
5.4 The US Solar PV Power Market, Historical and Forecast Power Generation, 2001-2015 33
5.5 The US Solar PV Power Market, Top Ten States by Cumulative Installed Capacity, 2009 34
6 The US Solar PV Systems Market Revenues 36
6.1 The US Solar PV Systems Market, Historical and Forecast Average Price, 2001-2015 36
6.2 The US Solar PV Systems Market, Historical and Forecast Revenues, 2001-2015 37
6.3 The US Solar PV Systems Market, Historical and Forecast Revenues by Grid Connectivity, 2001-2009 39
6.4 The US Solar PV Modules Market, Historical and Forecast Revenues, 2001-2015 40
6.5 The US Solar PV Inverter Market, Historical and Forecast Revenues, 2001-2015 41
7 The US Solar PV Cell Market, 2001-2009 43
7.1 The US Solar PV Cell Market, Overview 43
7.2 The US Solar PV Cell Market, Cell Production, 2001-2009 43
7.3 The US Solar PV Cell Market – Top Solar Cell Producers, 2009 44
8 The US Solar PV Power Market, Technology Trends 46
8.1 The US Solar PV Power Market, Technology Overview 46
8.2 The US Solar PV Power Market, Technology Type 46
8.3 The US Solar PV Technology, Market trends 50
9 The US Solar PV Parks 52
9.1 The US Solar PV Market, Top Solar PV Parks (Active) 52
9.2 The US Solar PV Market, Upcoming Solar Parks 52
9.3 Trend of Utility Companies 53
10 Financing Trends in Solar PV 54
10.1 The US Solar PV Market, Financing Trends, Overview 54
10.2 The US Solar PV Market, PE/VC Deal Analysis, 2001-2009 56
10.3 The US Solar PV Market, Equity Offerings Deal Analysis, 2001-2009 59
10.4 The US Solar PV Market, Debt Offerings Deal Analysis, 2001-2009 62
10.5 The US Solar PV Market, Partnerships Analysis, 2002-08 65
10.6 The US Solar PV Market, Mergers and Acquisitions (M&A), 2002-09 68
10.7 The US Solar PV Market, Asset Financing Deals, 2001-2009 71
11 The US Solar PV Power Regulatory Framework 74
11.1 The US Renewable Energy Regulatory Framework, Overview 74
11.2 The US Renewable Energy Regulatory Framework, Major Policies 74
11.3 The US Renewable Energy Regulations, For Leading States 78
11.4 The US Renewable Energy Regulatory Framework, Present Government’s Renewable Energy Initiatives 79
11.5 The US Solar PV Power Regulatory Framework, Overview 79
11.6 The US Solar PV Power Regulatory Framework, Major Policies 80
11.7 The US Solar PV Financial Initiatives, By States 82
12 GE Energy, Company Snapshot 96
12.1 Key Facts 96
12.2 Company Overview 96
12.3 Major Products and Services 96
12.4 Competitors 99
12.5 Key Employees 100
12.6 Key Employee Biographies 100
12.7 Locations and Subsidiaries 101
13 NextEra Energy Resources, LLC, Company Snapshot 103
13.1 Key Facts 103
13.2 Company Overview 103
13.3 Major Products and Services 103
13.4 Competitors 104
13.5 Key Employees 104
13.6 Locations and Subsidiaries 104
14 United Solar Ovonic, LLC, Company Overview 106
14.1 Key Information 106
14.2 Company Overview 106
14.3 Major Products and Services 106
14.4 Competitors 107
14.5 Key Employees 107
14.6 Locations and Subsidiaries 107
15 SunPower Corporation, Company Snapshot 109
15.1 Key Information 109
15.2 Company Overview 109
15.3 Major Products and Services 109
15.4 Key Competitors 110
15.5 Key Employees 111
15.6 Key Employee Biographies 112
15.7 Locations and Subsidiaries 114
16 First Solar, Inc.,Company Snapshot 117
16.1 Key Information 117
16.2 Company Overview 117
16.3 Major Products and Services 117
16.4 Key Employees 118
16.5 Key Employee Biographies 118
16.6 Locations and Subsidiaries 119
17 Evergreen Solar, Inc. , Company Snapshot 122
17.1 Key Information 122
17.2 Company Overview 122
17.3 Major Products and Services 122
17.4 Key Competitors 123
17.5 Key Employees 123
17.6 Key Employee Biographies 124
17.7 Locations and Subsidiaries 125
18 GT Solar International, Inc.,Company Snapshot 127
18.1 Key Information 127
18.2 Company Overview 127
18.3 Major Products and Services 127
18.4 Key Competitors 128
18.5 Key Employees 129
18.6 Key Employee Biographies 129
18.7 Locations and Subsidiaries 130
19 Global Solar Energy, Inc., Company Overview 132
19.1 Key Information 132
19.2 Company Overview 132
19.3 Major Products and Services 132
19.4 Key Competitors 133
19.5 Key Employees 133
19.6 Locations and Subsidiaries 133
20 Advent Solar, Inc. Company Overview 135
20.1 Key Information 135
20.2 Company Overview 135
20.3 Major Products and Services 135
20.4 Key Competitors 136
20.5 Key Employees 136
20.6 Locations and Subsidiaries 136
21 EMCORE Corporation , Company Snapshot 137
21.1 Key Information 137
21.2 Company Overview 137
21.3 Major Products and Services 137
21.4 Key Competitors 139
21.5 Key Employees 140
21.6 Key Employee Biographies 140
21.7 Locations and Subsidiaries 142
22 Envision Solar ,Company Overview 145
22.1 Key Information 145
22.2 Company Overview 145
22.3 Major Products and Services 145
22.4 Competitors 146
22.5 Key Employees 146
22.6 Locations and Subsidiaries 146
23 Financial Deals Landscape 148
23.1 Detailed Deal Summary 148
24 The US Solar PV, Recent Developments 172
24.1 Feb 01, 2010: US President's 2011 Energy Budget To Provide $28.4 Billion To DOE For Clean Energy, Nuclear Power And National Energy Security Initiatives 172
24.2 Jan 27, 2010: NYPA Issues RFP For 100 MW PV Systems 174
24.3 Jan 26, 2010: Berkshire Community College To Go Solar 175
24.4 Jan 22, 2010: Colorado State University Dedicates Solar Plant On University Campus 175
24.5 Jan 21, 2010: DOE Announces $20.5 Million For Community Renewable Energy Deployment Projects 177
24.6 Jan 18, 2010: Jemez Pueblo Tribe To Use Its Land For Solar Power Generation 179
24.7 Jan 13, 2010: Jemez Pueblo To Build 4 MW Utility Scale Solar-Plant In New Mexico 179
25 Appendix 180
25.1 Abbreviations 180
25.2 About Alternative Energy eTrack 181
25.3 Methodology 181
25.4 Contact Us 183
25.5 Disclaimer 183

List of Tables

1.1 List of Tables
Table 1: Global Solar PV Market, Historical and Forecast Installed Capacity, MW, 2001-2015 22
Table 2: Global Solar PV Market, Historical and Forecast Cumulative Power Generation, GWh, 2001-2015 23
Table 3: Global Solar PV Market, Cumulative Installed Capacity Split by Country, %, 2009 25
Table 4: Global Solar PV Market, Cumulative Installed Capacity by Top Countries, MW, 2009 26
Table 5: The US Power Market, Electricity Production by Fuel Type (including Hydro), %, 2009 28
Table 6: The US Renewable Power Market, Historical Cumulative Installed Capacity (Including Hydro), MW, 2001-2009 29
Table 7: The US Renewable Power Market, Cumulative Installed Capacity Split by Fuel Type, %, 2009 30
Table 8: The US, Installed Capacity of Renewable Energy Sources, MW, 2001-08 30
Table 9: The US Solar PV Power Market, Historical and Forecast Installed Capacity, MW, 2001-2015 33
Table 10: The US Solar PV Power Market, Historical Cumulative Capacity by Grid Connectivity, MW, 2001-2009 35
Table 11: The US Solar PV Market, Historical and Forecast Power Generation, GWh, 2001-2015 36
Table 12: The US Solar PV Power Market, State-Wise Grid-Connected Photovoltaic Cumulative Installed Capacity, MW, 2009 37
Table 13: The US Solar PV Systems Market, Historical and Forecast Average Price, $/Watt, 2001-2015 39
Table 14: The US Solar PV Systems Market, Historical and Forecast Revenues, $m, 2001-2015 40
Table 15: The US Solar PV Systems Market, Historical Revenues by Grid-Connectivity, $m, 2001-2009 41
Table 16: The US Solar PV Modules Market, Historical and Forecast Revenues, $m, 2001-2015 43
Table 17: The US Solar PV Inverter Market, Historical and Forecast Revenues, $m, 2001-2015 44
Table 18: The US Solar PV Market, Historical Cell Production, MW, 2001-2009 46
Table 19: The US Solar PV Cell Market, Top Solar Cell Producers Market Share, %, 2009 47
Table 20: The US Solar PV Market, Ten Largest Active Solar Parks by Installed Capacity (MW), 2009 54
Table 21: The US Solar PV Market, Planned/ Under Construction Solar Parks 55
Table 22: The US Solar PV Market, Financing Trends, Deal Value and Volume, $ Million, 2001-2009 57
Table 23: The US Solar PV Market, Financing Trends, Share of Deal Values by Deal Type, %, 2009 58
Table 24: The US Solar PV Market, Private Equity and Venture Capital, Deal Value and Volume, 2001-2009 59
Table 25: The US Solar PV Market, Equity Offerings, Deal Value and Volume, 2001-2009 62
Table 26: The US Solar PV Market, Debt Offerings, Deal Value and Volume, 2001-2009 65
Table 27: The US Solar PV Market, Partnerships Analysis, Deal Volume, 2002-2009 68
Table 28: The US Solar PV Market, M&A, Deal Value and Volume, 2002-2009 71
Table 29: The US Solar PV Market, M&A, Deal Value and Volume, 2001-2009 74
Table 30: The US, State Renewables Portfolio Standards and Policy Incentives, 2009 77
Table 31: The US, Regulatory Framework for Renewable Energy for Leading States, 2009 80
Table 32: Go Solar California campaign, by program component, 2007-2016 85
Table 33: California Solar Initiative, 10 step payment levels 86
Table 34: California Feed-in Tariff, Adopted 2007 Market Price Referents ($/KWh) 87
Table 35: The US Solar PV Market, New Jersey, Incentives For Photovoltaic Panels, 2009 93
Table 36: The US Solar PV Market, New Jersey, Incentives For Inverters, 2009 93
Table 37: The US Solar PV Market, New Jersey, Incentives For Racking Systems, 2009 93
Table 38: GE Energy, Key Facts 98
Table 39: GE Energy, Key Employees 102
Table 40: GE Energy, Other Locations 104
Table 41: NextEra Energy Resources, LLC, Key Facts 105
Table 42: NextEra Energy Resources, LLC, Key Employees 106
Table 43: NextEra Energy Resources, LLC, Subsidiaries 107
Table 44: United Solar Ovonic, LLC, Key Facts 108
Table 45: United Solar Ovonic, LLC, Key Employees 109
Table 46: United Solar Ovonic, LLC, Other Locations 110
Table 47: SunPower Corporation, Key Facts 111
Table 48: SunPower Corporation, Key Employees 113
Table 49: SunPower Corporation, Other Locations 117
Table 50: SunPower Corporation, Subsidiaries 118
Table 51: First Solar, Inc., Key Facts 119
Table 52: First Solar, Inc., Key Employees 120
Table 53: First Solar, Inc., Other Locations 122
Table 54: First Solar, Inc., Subsidiaries 123
Table 55: Evergreen Solar, Inc., Key Facts 124
Table 56: Evergreen Solar, Inc., Key Employees 125
Table 57: Evergreen Solar, Inc., Other Locations 127
Table 58: Evergreen Solar, Inc., Subsidiaries 128
Table 59: GT Solar International, Inc., Key Facts 129
Table 60: GT Solar International, Inc., Key Employees 131
Table 61: GT Solar International, Inc., Other Locations 133
Table 62: Global Solar Energy, Inc., Key Facts 134
Table 63: Global Solar Energy, Inc., Key Employees 135
Table 64: Global Solar Energy, Inc., Other Locations 136
Table 65: Advent Solar, Inc., Key Facts 137
Table 66: Advent Solar, Inc., Key Employees 138
Table 67: EMCORE Corporation, Key Facts 139
Table 68: EMCORE Corporation, Key Employees 142
Table 69: EMCORE Corporation, Other Locations 145
Table 70: Envision Solar, Key Facts 147
Table 71: Envision Solar, Key Employees, 2007 148
Table 72: Eos Energy Solutions Acquires Urban Eco Electric 150
Table 73: X-FAB Semiconductor Invests $1.5 Million In Semprius 151
Table 74: The Dow Chemical Invests In Nuvosun 152
Table 75: Brush Engineered Materials Completes Acquisition Of Academy 153
Table 76: China Solar Power Acquires ThinSilicon 154
Table 77: Amonix Completes Acquisition Of Sunworks Solar 155
Table 78: SPX Acquires Yuba Heat Transfer 156
Table 79: MEMC Electronic Materials Completes Acquisition Of SunEdison 157
Table 80: SolarCity Completes Tax Equity Financing Of $60 Million For Solar Power Project, U.S. 158
Table 81: SunRun Completes Tax Equity Financing Of $90 Million For Solar Power Project 158
Table 82: SunPower Completes Project Financing Of $100 Million For Solar PV Systems In California U.S. 159
Table 83: Argonaut Private Equity Invests $198 Million In Solyndra 160
Table 84: Suniva Secures $75 Million In Series C Round Of Venture Financing 161
Table 85: SolFocus Secures Additional $10 Million In Series C Financing 162
Table 86: FPL Group Completes Public Offering For $350 Million 163
Table 87: Simon Property completes the public offering for $1,150 million 165
Table 88: Chevron Completes Public Offering Of 3.45% Notes Due 2012 For $1,500 Million 166
Table 89: Honeywell International Completes Public Offering Of $900 Million 5% Senior Notes Due 2019 168
Table 90: PacifiCorp Completes 6% Bonds Offering For $650 Million 169
Table 91: Origin Energy Enters Into Joint Venture With Micron Technology 170
Table 92: ICP Solar Technologies Enters Into Licensing Agreement With OptiSolar 172
Table 93: Evolution Solar Enters Into Distribution Agreement With Hangzhou Amplesun Solar Technology 173
Table 94: Abbreviations 182

List of Figures

1.2 List of Figures
Figure 1: Global Solar PV Market, Historical and Forecast Installed Capacity, MW, 2001-2015 21
Figure 2: Global Solar PV Market, Historical and Forecast Cumulative Power Generation, GWh, 2001-2015 23
Figure 3: Global Solar PV Market, Cumulative Installed Capacity Split by Country, %, 2009 24
Figure 4: Global Solar PV Market, Cumulative Installed Capacity by Top Countries, MW, 2009 25
Figure 5: The US Power Market, Electricity Production by Fuel Type (including Hydro), %, 2009 27
Figure 6: The US Renewable Power Market, Historical Cumulative Installed Capacity (Including Hydro), MW, 2001-2009 28
Figure 7: The US Renewable Power Market, Cumulative Installed Capacity Split by Fuel Type, %, 2009 29
Figure 8: The US Solar PV Power Market, Historical and Forecast Installed Capacity, MW, 2001-2015 33
Figure 9: The US Solar PV Power Market, Historical Cumulative Capacity by Grid Connectivity, MW, 2001-2009 34
Figure 10: The US Solar PV Market, Historical and Forecast Power Generation, GWh, 2001-2015 35
Figure 11: The US Solar PV Power Market, State-Wise Grid-Connected Photovoltaic Cumulative Installed Capacity, MW, 2009 37
Figure 12: The US Solar PV Systems Market, Historical and Forecast Average Price, $/Watt, 2001-2015 38
Figure 13: The US Solar PV Systems Market, Historical and Forecast Revenues, $m, 2001-2015 40
Figure 14: The US Solar PV Systems Market, Historical Revenues by Grid-Connectivity, $m, 2001-2009 41
Figure 15: The US Solar PV Modules Market, Historical and Forecast Revenues, $m, 2001-2015 42
Figure 16: The US Solar PV Inverter Market, Historical and Forecast Revenues, $m, 2001-2015 44
Figure 17: The US Solar PV Market, Historical Cell Production, MW, 2001-2009 45
Figure 18: The US Solar PV Cell Market, Top Solar Cell Producers Market Share, %, 2009 46
Figure 19: Solar PV Technology, Types of Cell Technology, 2009 50
Figure 20: The US Solar PV Market, Financing Trends, Deal Value and Volume, $ Million, 2001-2009 56
Figure 21: The US Solar PV Market, Financing Trends, Share of Deal Values by Deal Type, %, 2009 57
Figure 22: The US Solar PV Market, Private Equity and Venture Capital, Deal Value and Volume, 2001-2009 59
Figure 23: The US Solar PV Market, Equity Offerings, Deal Value and Volume, 2001-2009 61
Figure 24: The US Solar PV Market, Debt Offerings, Deal Value and Volume, 2001-2009 65
Figure 25: The US Solar PV Market, Partnerships Analysis, Deal Volume, 2002-2009 68
Figure 26: The US Solar PV Market, M&A, Deal Value and Volume, 2002-2009 70
Figure 27: The US Solar PV Market, Asset Financing, Deal Value and Volume, 2001-2009 73
Figure 28: GlobalData Methodology 183