February 22, 2023
By:EmpoweringCPO Insights Team

Solar Farms (Energy Partners)

A solar farm is a large collection of photovoltaic (PV) solar panels that absorb energy from the sun, convert it into electricity, and send that electricity to the power grid for distribution and consumption. Solar farms present no negative environmental impact on the surrounding area and wildlife. They make a substantial positive contribution towards the efforts to achieve a reduction in CO2 emissions, and that has a positive impact on the environment. This report gives insights into the solar power market, various renewable energy generation programs, leading suppliers across America, and their capabilities.

Abstract

  • The United States of America has the world’s second-largest capacity of solar panels installed after China.
  • The global solar power market is projected to grow at a CAGR of 6.9% between 2021 and 2028 to reach a value of USD 293.18 billion by 2028.
  • Duke Energy has been promoting renewable energy generation under the program “Connecting to the grid”.
  • Tennessee Valley Authority has been promoting all types of renewable energy generation in Tennessee.
  • Union Power Cooperative has an interconnection process available for wind and solar in North Carolina.
  • As a part of this research, we have conducted secondary research to identify vendors that can provide services to install and maintain the Solar Farms based on the below criteria points:
    • Providing services to install and maintain solar panels.
    • Providing grid–connected photovoltaic power system.
    • Providing services across America.

Table of Content

Content Slide No.
Background 2
Market Overview 3
Duke Energy – Programs 4
Tennessee Valley Authority – Programs 5
Union Power Cooperative – Programs 6
Methodology 7
Supplier List 8
Supplier Capabilities 9
Investment-Programs 10

If required EmpoweringCPO can support with additional information and the next steps with executing projects like Solar Farms. Also, feel free to reach us if a similar report is required for any other category. We are among the Top Spend Analysis Companies and can also help your organization with tools and services like Procurement Dashboards, Spend Management, Procurement Intelligence, and Procurement Consultancy.

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