Solar Panel Industry Size and Regional Analysis
utility-scale PV North America Explore utility-scale PV in North America powering large solar farms and grid-scale renewable energy projects.
Utility-scale PV is the largest segment of the North American solar market in terms of installed capacity. These large ground-mounted solar farms are crucial for meeting the region's ambitious renewable energy targets.
The utility-scale PV sector is driven by corporate power purchase agreements (PPAs), which offer a long-term, stable price for electricity, and by government incentives like the US Inflation Reduction Act (IRA). This segment's growth is also being fueled by the increasing popularity of solar-plus-storage projects, which pair a solar farm with a battery storage system to provide power even when the sun isn't shining.