EUPD RESEARCH PUBLISHES “MARKET LEADERSHIP STUDY©: THE UNITED STATES 2023”

Bonn, 26th September 2023: EUPD Research is proud to announce the release of its highly anticipated study, the “Market Leadership Study©: The United States 2023”. This groundbreaking research offers a comprehensive analysis of the solar PV and storage market in the United States (US), shedding light on the exciting developments and trends shaping the industry’s future. In addition, the study provides a detailed examination of the competitive landscape of the US downstream players, with a specific focus on installers.

1. Comprehensive Analysis of the Solar and Storage Landscape in the US:

The study covers the evolution of the solar PV and storage sector in the US from 2018 to H1 2023. During this period, the US experienced a substantial growth, adding approximately 97 GWdc of PV capacity and 12 GW of battery storage capacity. The report also highlights the top 5 states in terms of PV and battery storage installations, along with the funding and incentives in these states.

During 2023-2028, substantial growth is forecasted for the US in the solar PV and battery energy storage sectors. EUPD Research estimates indicate that approximately 233 GWdc of PV capacity and 69 GW of battery storage capacity are set to be added during this period, thanks in part to the Inflation Reduction Act. Notably, 2023 is anticipated to set a record with approximately 35 GWdc increase in PV capacity and 10 GW increase in battery storage capacity.

The report underscores the pivotal role of the distributed segment within the solar and storage industry. EUPD Research anticipates this segment to make a substantial contribution to the expansion of PV capacity between 2023 and 2028, with an estimated addition of approximately 70 GWdc during this period.

2. Competitive Landscape of Downstream Players (Installers) in the US:

Crucial to the flourishing solar PV and storage industry in the US are the downstream players, specifically installers. These entities play a pivotal role in driving sector expansion and shaping its trajectory. To ensure continued growth and success, understanding the landscape of top installers in the country is imperative.

The study offers a competitive landscape analysis, examining the vital success factors and competitive advantages that installers can utilize to excel in the dynamic market. It also evaluates the prominent downstream installer players in the US.

EUPD Research is pleased to reveal the top 10 installers in the US according to the report:

1. Sunrun

2. Sunpower

3. Tesla Energy

4. Sunnova

5. ADT Solar

6. Palmetto Solar

7. Freedom Forever

8. Trinity Solar

9. Titan Solar Power

10. Momentum Solar

Furthermore, the report goes beyond by ranking the top 30 solar and storage installer companies in the US using a rigorous methodology that considers various critical factors, each assigned specific weightage for final rankings.

EUPD Research conducted a comprehensive evaluation of these top 30 installers, creating a data-driven snapshot of their competitive positioning. The results offer valuable insights into the industry, showcasing leading players in the downstream sector. Additionally, the analysis includes details on their product portfolios, marketing strategies, financing options, geographical reach, and financial stability in company profiles.

The “Market Leadership Study©: The United States 2023” offers valuable insights into the future of solar PV and storage in the US. This report provides comprehensive data and analysis, with a particular focus on installer rankings, which can be instrumental in guiding strategic decisions within the evolving renewable energy landscape.

For more information or to access the full report, please visit [https://www.eupd-research.com/wp-content/uploads/EUPD_Market-Leadership-Study_US_Pitch_Deck.pdf] or contact:

Nico Koch, Marketing Manager & Media Contact

n [dot] koch [at] eupd-research [dot] com