Feed-in-tariffs
metering, preferential net metering, and financial incentives are
some of the most prominent factors driving the North America ground
mount photovoltaic (PV) utility market, states Transparency Market
Research in its latest report. The report is titled “Ground Mount
PV Utility Market - North America Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2022” and is available for sale
on the company website.
Browse
Ground Mount PV Utility Market Report with Full TOC at
http://www.transparencymarketresearch.com/north-american-ground-mount-pv-utility-market.html
The
study reveals that in terms of revenue generation, the North America
ground mount PV utility market is estimated to grow from US$7,311.8
million in 2013 to US$19,464.1 million in 2022, registering an
average annual growth rate (AAGR) of 11.50% from 2014 to 2022. In
terms of annual installations, in 2013, the market was pegged at
3,381.4 MW, which is projected to report 17,589.7 MW in 2022, at a
20.10% AAGR during the forecast period. On the basis of installation
type, the North America ground mount PV utility market is divided
into pole mount, pile mount, and others. Pile mount systems held the
larger share of the overall market in 2013 and the segment is likely
to retain its lead right through 2022. Pole mount installations are
also estimated to gain market share by 2022 driven by reduction in PV
module price.
On
the basis of country, the North America ground mount PV utility
market is segmented into the U.S., Mexico, and Canada. The U.S.
emerged as the dominant country in 2013, reporting the highest number
of ground mount PV utility installations, and this trend is likely to
continue through 2022. The U.S. market is largely fueled by
government grants for utility-scale projects, tax incentives, and
technological innovations. The U.S. government hopes to generate
clean electricity and achieve its low-carbon energy targets through
the installation of utility-scale projects. The developing renewable
energy market, supported by the escalating demand for power, is also
contributing toward the growth of the U.S. ground mount PV utility
market.
For
further inquiries, click here
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=281
Even
though Canada is still a developing market for solar energy, it has
been growing at a rather rapid pace in recent years, thanks to the
reduction in solar PV installation cost and increase in overall
number of installations. Currently, solar energy accounts for around
1% of the total electricity generated in Canada. Strong government
support in terms of finance is likely to boost the Canada market for
ground mount PV utility over the coming years. Andalay Solar, Inc.,
SunLink Corporation, Unirac Incorporated, Haticon Solar, LLC,
SunPower Corporation, SunEdison, Inc., NextEra Energy Resources, LLC,
First Solar, and SolarCity Corporation are some of the leading
participants in the North America ground mount PV utility market.
These companies are profiled in the research report based on aspects
such as company overview, business strategies, financial standing,
and recent developments.
Browse
TMR Blog Energy Reports : http://www.tmrblog.com/search/label/Energy
North
America Ground Mount PV Utility Market: Installation Type Analysis
- Pile Mount
- Pole Mount
- Others
North
America Ground Mount PV Utility Market: Country-wise Analysis
- U.S.
- Canada
- Mexico
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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