After a record year of over 14 GW of PV installations, dominated by 10 GW of utility-scale PV, the United States is set to uphold its position as one of the world’s largest PV markets also in 2017. The demand for utility-scale systems is however forecast to decline as the project development pipeline is replenished with projects targeting later completions as the ITC begins to step down from 2020 to 2022.
In 2017, the industry finds itself facing a new US president, a shifting competitive landscape, continued debates over electricity market rate design, utility investment in downstream services, a strong period of project pipeline redevelopment, and the continued emergence or decline of state markets. IHS has identified the following key downstream trends to follow in the US market in 2017.
Analyst, North America Solar
Camron Barati is a Research Analyst in the IHS Technology solar team.
Research & Analysis Manager, Solar & Energy Storage
Josefin Berg is a Research & Analysis Manager for the Solar & Energy Storage research group, where she performs market analysis of trends and strategies in the downstream part of the PV market.