solar cell market research
U.S. Report Photovoltaic solar energy market analysis and forecasts for 2013 Report ( target = "_blank" href = "http://www.bharatbook.com/Market-Research-Reports/Report-on-US-Solar-Photovoltaic-Market-Analysis-and-Forecasts-to-2013.html"> http: / / www.bharatbook.com/Market-Research-Reports/Report-on-US-Solar-Photovoltaic-Market-Analysis-and-Forecasts-to-2013.html) analyze the strengths and weaknesses of the main solar photovoltaic companies in the U.S..
The U.S. is dominant in the solar photovoltaic market in the world with the remarkable growth witnessed during the period 2001-08. The market has grown from 168 MW in 2001 to about 1,111 MW by the end of 2008. The unprecedented growth witnessed in this market is credited to the policy framework of government support Federal and state for solar photovoltaic technology, in collaboration with the high-end solar energy investments by large companies such as First Solar, Inc. Solar World AG. The other major reason for growth can be credited with the state of California, who has represented 70% of PV installations in the country. Solar photovoltaic market in California has grown rapidly due to strong policies in favor of solar energy initiated by the state government. California has taken specific campaigns such as "Go, solar" Solar encouraging in the state thereby making it the leading generator of solar energy in the U.S..
The current financial crisis will not make significant impact on the growth of the photovoltaic industry in the U.S.. The support of economic incentive programs at the federal and state for solar photovoltaics and extending the investment tax credit (ITC) program will boost the future development of photovoltaic solar energy U.S. and the smallest investment in the sector. The spread of ICT means that the states in the U.S. can now ramp efforts such as loan programs solar and renewable portfolio standards (RPS) in a big way. This would spark the U.S. industry solar move towards more efficient and smaller groups costs. In this context, the annual solar PV installations in the country is expected to increase from 280 MW in 2008 to 1515 MW in 2013. The cumulative capacity installed photovoltaic solar power are expected to reach 5293 MW in 2013. However, the credit crunch in the U.S. may affect small players in the market solar facing difficulty competing because of the credit crisis. As a result, the small scale of the solar companies are expected to be swallowed by the giants leading to the consolidation of U.S. industry solar.
Intensified political Grid Connectivity
The Grid-connected solar PV increased from 31% cumulative solar photovoltaic installations in 2001 to 61% in 2008. The key to increasing share of over-capacity of the network is mainly due to the incentives offered by federal and state governments such as renewable portfolio standards (RPS) of raw Initiative California Solar etc. in cumulative solar photovoltaic grid representing 677 MW in 2008 that the state of California alone accounts for 468 MW. Other states with the highest cumulative installed capacity is high in New Jersey (63mW), Nevada (27 MW), Arizona (27 MW), New York (21 MW) and Colorado (21 MW). The states of Michigan announced an ambitious plan known as the popular "45-by-20" target. As part of this plan, the State undertook to take 45% of electricity by renewable energy by 2020. Washington State has introduced a new food in the fee schedule for development of renewable energy.
The U.S. market growth photovoltaic solar cell
The production of photovoltaic solar cells in U.S. has seen a steady increase in volume over the past five years. The production of solar cells from United States has grown from 100 MW in 2001 to reach 300 MW by 2008 at a CAGR of 15%. The cell production companies in the U.S. are concentrating on the next wave of solar photovoltaic technologies. Currently, the accounts of U.S. for approximately two thirds of world production of thin film. First Solar, Inc. is the leader in terms of solar cell production quota U.S. market 40% with a cell production capacity of 140 MW in 2008, followed by United Solar Ovonic, LLC (17%) with 60 MW capacity and the World Solar (10%) with 35 MW capacity. Other companies such as BP Solar (USA), Evergreen Solar and Schott Solar GmbH has also made its presence felt in the U.S. market solar cell.
The growth of cumulative installed capacity of photovoltaic solar energy to support economic incentive programs to state and federal level. This, together with the increased activity in the signals of cell production growth prospects in the U.S. solar industry.
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