U.S. Solar PV Market Projected To Reach USD 96.6 Billion By 2030
San Francisco, 9 Jan 2023: The Report U.S. Solar PV Market Size, Share & Trends Analysis Report By Application (Residential, Non-residential, Utility), By States (CA, AZ, NJ, NC, NV, MA, HI, CO, NY, TX, FL, GA, UT, VA, SC, MD, NM, OR, IN, MN, PA), And Segment Forecasts, 2022 - 2030 The U.S. solar PV market size is anticipated to reach USD 96.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.9% from 2022 to 2030. Reducing prices of solar PV systems has accelerated the adoption of US solar photovoltaic (PV). An increase in government incentives and other financing options is expected to boost the industry’s growth. The U.S. government has planned to reduce the country’s dependence on conventional energy sources and increase the use of renewable energy sources such as solar, wind, and hydrogen. The government has been constructing utility-scale projects for large-scale power generation. In terms of revenue,