Solar Farm Developers
Demand for construction of utility-scale solar power projects has skyrocketed thanks in large part to substantial government assistance. In addition to heavy demand catapulting revenue upward, falling capital costs have expanded the industry's profit margins. In the next five years, industry revenue growth is expected to slow significantly due to lesser demand for solar power generation on the utility-scale level. Additionally, technological advancements in solar panel construction will lead to a greater supply of low-cost panels, making solar panels more accessible for individual consumers, also lowering demand.
This industry comprises establishments that primarily install and construct solar power grid systems, known as solar farms, on a utility scale. The work performed within the industry may include new work, reconstruction, rehabilitation and repairs. Excluded from this industry are establishments that focus on residential and commercial solar power systems.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
First Solar Inc.