Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Solar PV Installed Capacity is Set to More than Double by 2022 Due to Stable Growth in the US and Emerging Markets in Latin America
save 10 %
* Required Fields
Pay by invoice
This research presents an in-depth analysis of select solar power markets across the Americas countries of Argentina, Brazil, Canada, Chile, Colombia, Mexico, and the United States. Market size metrics and forecasts to 2022 are presented for total installed capacity, annual capacity additions, and annual investment for two types of projects: -utility-scale and distributed generation (DG). The study also analyses the regulatory environment and key players in each country, and identifies technologies trends, drivers, and restraints affecting the regional solar market.The studied countries are at different stages of development, but are all driven by the same factors of increasing solar technology price competitiveness, energy matrix decarbonization, and diversification goals.Except for Chile, Latin American countries have lagged behind North American markets but are now experiencing considerable expansion due to favorable regulations that include auction systems and net metering policies. Utility-scale projects are the key drivers of installation growth. However, DG is expected to start/continue to expand steadily in Latin America, representing significant market opportunities, especially in Brazil and Mexico. Chile started solar farm deployment in 2012 and since then, has witnessed massive installations, with solar becoming the preferred RE technology and already accounting for 8% of the total electricity generation capacity.The United States solar market is strong and quite autonomous and is forecast to continue expanding at 8 GW-10 GW per year, driven by the decline in system costs despite the negative effects of import duties. The outlook for Canada is not that optimistic. Even though Canada has been one of the pioneers in terms of solar development, it has favored natural gas and wind power as the main sources to meet its greenhouse gas emissions reduction goals. For further expansion, it is crucial that solar power generation thrives in Canadian provinces other than just Ontario.Total installed capacity in select countries in the region will expand at a compound annual growth rate (CAGR) of 19.2%, adding 82.2 GW in new capacity between 2018 and 2022, with $141.2 billion in investment.Why Partner with Frost & Sullivan?• Frost & Sullivan has a robust and proven research methodology that delivers high-quality findings. It has established relationships with leading participants in the renewable energy market value chain, which has helped it conduct primary research for the purpose of its research services.• Frost & Sullivan is a subject matter expert with 35 years of experience researching and tracking energy and environment markets, and generating reliable information.• The team of industry experts with multidisciplinary backgrounds in engineering, business studies, and market strategy combine their expertise to recommend effective strategies.• The fact-driven, client-specific approach bridges the gap between market research and mainstream consulting to help companies realize their vision.
Key Issues Addressed
Author: Maria Benintende
Disruptive Trends Impacting the South American Power Rental Market, Forecast to 2024
North American Generator Set Market, Forecast to 2023
ASEAN Renewable Energy Market, Forecast to 2023
Technology Advancements in Metals Enhancing Energy Generation
Technology Innovations in the Global Wind Energy Market, 2030
Global Nuclear Power Market, Forecast to 2030
Impact of Artificial Intelligence (AI) on Energy and Utilities, 2018
Global Renewable Energy Outlook, 2018
IPP, Licensing and Market Reforms in Sub-Saharan Africa’s Energy Landscape, 2018
Global Transformers Market, Forecast to 2022
plastic recycling market
heavy truck market
smart wearables market
augmented reality market
natural flavors market
nanophotonic equipment market
nutritional supplement market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.