Solar Power Generation
Industry Description
The US solar power generation industry includes about 230 companies that provide a small but growing amount of the nation's electricity. Major companies include independent producers NextEra Energy Resources and NRG Energy, as well as utilities such as Pacific Gas and Electric and Florida Power & Light (a subsidiary of NextEra Energy). The industry is highly concentrated: the top 10 utilities involved in solar power generation accounted for about 70 percent of the solar utility market in 2010, according to the Solar Electric Power Association (SEPA). Overall, solar energy accounts for less than 1 percent of the energy consumed in the US today.
SIC: 4911
NAICS: 221119
NAICS: 221119
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There are 0 companies in this industry. To view all of them, register now.Trends
Photovoltaics Boom - The photovoltaic (PV) solar industry has grown steadily over...
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US corporate profits, an indicator of the ability of corporations to invest in alternative energy sources, rose 7.0 percent in the fourth quarter of 2011 compared to the same period in 2010.
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Revival of Grants for Solar Projects Proposed - The Obama administration's fiscal 2013 budget includes an extension of a crucial program that has encouraged more than $24 billion in private sector investment in...
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