Please Wait.....
Report
United States Solar Energy - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-07-01 I 150 Pages I Mordor Intelligence
United States Solar Energy Market Analysis
The United States Solar Energy Market size in terms of installed base is expected to grow from 203.85 gigawatt in 2025 to 412 gigawatt by 2030, at a CAGR of 15.11% during the forecast period (2025-2030).
At this scale, the United States solar energy market size for 2025 positions solar as the country's fastest-growing source of new electric capacity, with photovoltaic (PV) installations representing 53% of all generation additions logged during 2024 .Growth rests on three pillars: stable 10-year tax incentives under the Inflation Reduction Act (IRA), a swelling domestic manufacturing base that can now supply 70% of module demand, and corporate demand for low-carbon power purchase agreements. Developers continue to favor utility-scale projects because levelized costs have fallen below USD 40/MWh in high-irradiance regions, yet distributed generation is accelerating as lenders roll out zero-down financing that cuts payback periods to fewer than seven years in many states. Interconnection queues and transmission congestion remain the chief speed bumps, but planned grid investments and the adoption of hybrid solar-plus-storage plants are expected to ease curtailment pressures from 2026 forward.
United States Solar Energy Market Trends and Insights
Inflation Reduction Act tax incentives accelerating utility-scale PPAs
The IRA extended the 30% investment tax credit for a decade and introduced production tax credits that offer developers a second monetization route. Paired with bonus credits for domestic content and energy communities, projects in sun-rich regions can sign long-term PPAs below USD 50/MWh, fostering deals such as Microsoft's 10.5 GW agreement with Brookfield-the largest corporate clean-power contract to date. Apprenticeship stipulations that start in 2025 are also building a skilled labor pipeline, which helps de-risk multi-gigawatt pipelines.
Grid-edge storage pairing enhancing project bankability
Hybrid solar-plus-storage plants reached 49 GW of PV and 3.6 GW of batteries in operation by end-2024. Storage raises effective capacity factors to over 40% by shifting excess midday output into evening peaks, a key advantage in CAISO and ERCOT markets. Interconnection queues already list 599 GW of proposed hybrid capacity, signifying that financiers increasingly view standalone solar as commercially sub-optimal in congested nodes.
Interconnection queue bottlenecks lengthening lead times
The national queue swelled to 2.6 TW in 2024, with average study times surpassing 36 months. CAISO lists more than 200 GW of solar awaiting upgrades, while ERCOT experiences similar logjams. DOE's i2X reforms will streamline cluster studies, yet most regional transmission organizations need at least two years to implement them.
Other drivers and restraints analyzed in the detailed report include:
Corporate net-zero mandates spurring commercial & industrial PPAs / Community-solar programs expanding access / Section 201/301 trade actions causing price volatility /
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
Solar PV dominated the United States solar energy market in 2024, holding 92% share thanks to low module costs and mature supply chains. This position gave the segment a clear runway to scale new domestic cell lines based on TOPCon and heterojunction designs. However, concentrated solar power (CSP) offers thermal storage and process-heat attributes that PV lacks, leading to a forecast 17% CAGR for CSP through 2030 as more industrial users decarbonize heat streams. Nevada's Crescent Dunes revival and Gen3 CSP prototypes targeting 5 cents/kWh illustrate how niche adoption can still be material where direct-normal irradiance exceeds 7 kWh/m/day.
Planned TOPCon and HJT capacity expansions exceeding 7 GW should raise domestic module efficiency from a 2024 average of 21% toward the global frontier of 25%. Even so, the short-term edge remains with PERC as producers manage ramp-up risk. CSP will likely stay concentrated in the Southwest but could gain footholds at refineries or cement plants that need 500 C steam. As both technologies grow, the United States solar energy market size allocated to CSP may reach about 5% of total capacity by 2030, improving grid resilience through diversified generation profiles. Cost-parity targets rely on continued IRA support and streamlined permitting for high-temperature molten salt towers.
The United States Solar Energy Market Report is Segmented by Type (Solar Photovoltaic and Concentrated Solar Power), Mounting Type (Ground-Mounted, Rooftop, and Floating Solar), and End-Use (Utility-Scale, Commercial and Industrial, and Residential). The Market Sizes and Forecasts are Provided in Terms of Installed Capacity (GW).
List of Companies Covered in this Report:
First Solar Inc. / NextEra Energy Inc. / SunPower Corporation / Hanwha Q CELLS USA Corp. / Canadian Solar Inc. / JinkoSolar Holding Co. Ltd. / Tesla Energy / Sunrun Inc. / 8minute Solar Energy / SOLV Energy LLC / Mortenson Construction / Rosendin Electric Inc. / Renewable Energy Systems Americas / Brookfield Renewable US / EDF Renewables North America / Enphase Energy Inc. / Trina Solar Ltd. / LONGi Solar / REC Group (REC Solar Norway AS) / Array Technologies Inc. / Nextracker Inc. /
Additional Benefits:
The market estimate (ME) sheet in Excel format /
3 months of analyst support /
1 Introduction
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2 Research Methodology
3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Inflation Reduction Act (IRA) Tax Incentives Accelerating Utility-Scale PPAs
4.2.2 Grid?Edge Storage Pairing Enhancing Project Bankability
4.2.3 Corporate Net-Zero Mandates Spurring C&I Power-Purchase Agreements
4.2.4 Community-Solar Programs Expanding Access in High-Population States
4.2.5 Domestic Manufacturing Credits Cutting Module Import Risk
4.2.6 Agrivoltaics Improving Land-Use Economics in the Midwest
4.3 Market Restraints
4.3.1 Interconnection Queue Bottlenecks Increasing Lead-Times Beyond 36 Months
4.3.2 Section 201/301 Trade Actions Causing Module-Price Volatility
4.3.3 Rising Transmission Congestion Curtailing Southwest Utility Projects
4.3.4 Skilled-Labor Shortage Inflating EPC Costs by greater than 18 % YoY
4.4 Supply Chain Analysis
4.5 Regulatory & Policy Outlook (Federal + State)
4.6 Technological Outlook (TOPCon, HJT, Perovskites, Bifacial)
4.7 Porter's Five Forces
4.7.1 Threat of New Entrants
4.7.2 Bargaining Power of Suppliers
4.7.3 Bargaining Power of Buyers
4.7.4 Threat of Substitutes (Wind, RNG, Long-Duration Storage)
4.7.5 Competitive Rivalry
4.8 PESTLE Analysis
5 Market Size & Growth Forecasts
5.1 By Type
5.1.1 Solar Photovoltaic (PV)
5.1.2 Concentrated Solar Power (CSP)
5.2 By Mounting Type
5.2.1 Ground-Mounted
5.2.2 Rooftop
5.2.3 Floating Solar
5.3 By End-Use
5.3.1 Utility-Scale
5.3.2 Commercial and Industrial
5.3.3 Residential
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves (M&A, Partnerships, PPAs)
6.3 Market Share Analysis (Market Rank/Share for key companies)
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
6.4.1 First Solar Inc.
6.4.2 NextEra Energy Inc.
6.4.3 SunPower Corporation
6.4.4 Hanwha Q CELLS USA Corp.
6.4.5 Canadian Solar Inc.
6.4.6 JinkoSolar Holding Co. Ltd.
6.4.7 Tesla Energy
6.4.8 Sunrun Inc.
6.4.9 8minute Solar Energy
6.4.10 SOLV Energy LLC
6.4.11 Mortenson Construction
6.4.12 Rosendin Electric Inc.
6.4.13 Renewable Energy Systems Americas
6.4.14 Brookfield Renewable US
6.4.15 EDF Renewables North America
6.4.16 Enphase Energy Inc.
6.4.17 Trina Solar Ltd.
6.4.18 LONGi Solar
6.4.19 REC Group (REC Solar Norway AS)
6.4.20 Array Technologies Inc.
6.4.21 Nextracker Inc.
7 Market Opportunities & Future Outlook
7.1 White-Space & Unmet-Need Assessment
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security