Solar Power Generation Industry
Insights from D&B Hoovers

Industry Overview

Description

Companies in this industry operate solar electric power generation facilities. Major companies include diversified electric utilities and independent producers Berkshire Hathaway Energy, NextEra Energy, Pacific Gas and Electric, Southern California Edison, SunEdison, and TerraForm Power (all based in the US); as well as CECEP (China), Enerparc (Germany), Lightsource Renewable Energy (UK), and Panda Green Energy (Hong Kong).

Competitive Landscape

As with other power sources, demand for solar power is driven by residential, commercial, and industrial electricity demand, which increases with population and economic growth. Additionally, growing concern over environmental and geopolitical issues surrounding fossil fuels has boosted interest in renewable energy sources such as solar.

Products, Operations & Technology

Solar producers use two technologies to convert energy from the sun into electricity: photovoltaic (PV) power and concentrated solar power (CSP). PV accounts for about 95% of US solar energy capacity, CSP for about 5%. PV cells convert solar energy directly into electricity, while CSP devices concentrate energy from the sun's rays to heat a receiver to high temperatures. This heat is transformed first into mechanical energy (by turbines or other engines) and then into electricity.

Geographic Segmentation

See where the Solar Power Generation industry is concentrated geographically and research companies by financials and key corporate data.

Try D&B Hoovers for Free

See how easy it is to find qualified sales leads that align to your target markets and be better prepared to engage with decision makers so you can win their business every time with the new D&B Hoovers.Get a Free Trial
Start Live ChatChat

*Required Fields

FREE Alerts to Changes in Your D&B® Credit Scores!* Sign Up. Get CreditSignal® for FREE!*
Try D&B Credit FREE for 30 Days! Get Started. Try D&B Credit FREE for 30 Days