Published on : Oct 14, 2016
ALBANY, NY, Oct 14, 2016: The Canadian government’s commitment to moving progressively closer to making solar a mainstream energy source has greatly benefited the solar photovoltaic (PV) market in the country. Technological advancements have further helped accelerate the development of solar photovoltaic (PV) market in Canada. These and other trends have been analyzed in depth in a new study featured on ResearchMoz.us. The report is titled, “Solar Photovoltaic (PV) in Canada, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles.” The report forecasts that the solar PV market in Canada is expected to exceed 6 GW by the end of 2030.
In order to provide a holistic analysis of the global solar photovoltaic (PV) market in Canada, the report shears it down to the source type and regional installed capacity, before further segmenting the market for a closer study. The report’s forecasting period stretches to 2030. In order to provide a holistic overview of the solar photovoltaic market in Canada, the report also takes a step back to provide a broader picture of the other renewable energy sources that boast a considerable share in the country’s energy mix. Following this, the report compares the current installed capacity, expected increase in the installed capacity, and power generation trends for each renewable energy source type. For this purpose, the following renewable energy sources have been studied: Large hydro, nuclear, and conventional thermal.
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Power trends from 2006 to 2030 in the solar PV market in Canada have been traced in the report. Given the Canadian government’s active role in promoting the use of renewable energy sources, the report also dedicates an entire section of analysis to the renewable energy regulatory framework currently in force in Canada. The current policies that govern the generation, transmission, storage, and distribution of solar energy in Canada will paint a clear picture of the specific mandates in force. The report presents the prevailing framework of renewable energy policies in the following territories: Nova Scotia, Alberta, British Columbia, Prince Edward Island, Saskatchewan, Manitoba, and Northwest Territories.
The subsequent chapters contain company snapshots, which are essentially profiles of leading market players, to create a vivid picture of the competitive landscape in the solar PV market in Canada. The financial incentives available to companies in the renewable energy sector as well as for end-users using non-fossil-fuel energy, are presented and assessed in the report.
Company snapshots have been presented for the following entities: TransCanada Corporation, Osaka Gas Co., Ltd., Northland Power Inc., Mitsubishi Corporation, KKR & Co. L.P., BlackRock, Inc., and Fiera Axium Infrastructure Inc.
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