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Canada Solar Photovoltaic (PV) Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035

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    Report

  • 111 Pages
  • October 2023
  • Region: Canada
  • GlobalData
  • ID: 5895525
Canada Solar Photovoltaic (PV) Analysis: Market Outlook to 2035, Update 2023 is the latest report from the analyst, the industry analysis specialist, that offers comprehensive information and understanding of the solar PV market in Canada. The report discusses the renewable power market in the country and provides forecasts up to 2035. The report highlights installed capacity and power generation trends from 2010 to 2035 in the country's solar PV market. A detailed coverage of renewable energy policy framework governing the market is provided in the report. The report also provides company snapshots of some of the major market participants. The report is built using data and information sourced from proprietary databases, secondary research, and in-house analysis by the publisher's team of industry experts.

Scope

The report analyses Canada's solar photovoltaic (PV) market. The scope of the research includes:

  • A brief introduction on global carbon emissions and global primary energy consumption.
  • An overview of the country’s renewable power market, highlighting installed capacity trends (2010-2035), generation trends (2010-2035), and installed capacity split by various renewable power sources.
  • Detailed overview of the country’s solar PV market with installed capacity and generation trends, and major active and upcoming solar PV projects.
  • Deal analysis of the country’s solar PV market.
  • Key policies and regulatory framework supporting the development of solar PV.
  • Snapshots of some of the major market participants in the country.

Reasons to Buy

  • The report will enhance your decision-making capability in a more rapid and time sensitive manner.
  • Identify key growth and investment opportunities in country’s solar PV market.
  • Facilitate decision-making based on strong historic and forecast data for solar PV market.
  • Position yourself to gain the maximum advantage of the industry’s growth potential.
  • Develop strategies based on the latest regulatory events.
  • Identify key partners and business development avenues.
  • Understand and respond to your competitors’ business structure, strategy and prospects.

Table of Contents

1. Introduction
1.1 Carbon Dioxide Emissions, Global, 2001-2022
1.2 Primary Energy Consumption, Global, 2001-2022
1.3 Report Guidance
2. Renewable Power Market, Canada
2.1 Renewable Power Market, Canada, Installed Capacity, 2010-2035
  • Renewable Power Market, Canada, Cumulative Installed Capacity by Source, 2010-2035
  • Renewable Power Market, Canada, Cumulative Installed Capacity Share by Source, 2022 and 2035
  • Renewable Power Market, Canada, Net Capacity Additions by Source, 2023-2035
  • Renewable Power Market, Canada, Capacity Growth by Source, 2022-2035
2.2 Renewable Power Market, Canada, Power Generation, 2010-2035
  • Renewable Power Market, Canada, Power Generation by Source, 2010-2035
  • Renewable Power Market, Canada, Growth in Power Generation by Source, 2022-2035
3. Solar PV Market, Canada
3.1 Solar PV Market, Canada, Installed Capacity, 2010-2035
3.2 Solar PV Market, Canada, Power Generation, 2010-2035
3.3 Solar PV Market, Canada, Market Size, 2010-2030
3.4 Solar PV Market, Canada, Power Plants
  • Solar PV Market, Canada, Major Active Plants
  • Solar PV Market, Canada, Snapshot of Upcoming Plants
  • Solar PV Market, Canada, Key Under-construction Projects
3.5 Solar PV Market, Canada, Deal Analysis, 2022
  • Solar PV Market, Canada, Deal Volume vs. Deal Value, 2010-2022
  • Solar PV Market, Canada, Split by Deal Type, 2022
4. Solar PV Module Market, Canada, 2012-2026
4.1 Solar PV Module Market, Canada, Market size by Type, 2012-2026
  • Solar PV Module Market, Canada, Crystalline Modules, Market size, 2012-2026
  • Solar PV Module Market, Canada, Thin-film Modules, Market size, 2012-2026
5. Renewable Energy Policy Framework, Canada
5.1 Canada Power Market, Regulatory Scenario
  • Renewable Energy Market, Overview
  • Renewable Energy Targets
  • Policy Snapshot
5.2 Federal Programs, Canada
  • Investment Tax Credits
  • New Federal Tax Policy
  • New Carbon Tax
  • Federal Incentive Programs
  • Hydrogen Energy
5.3 Renewable Energy Policy Framework, Alberta
  • Climate Leadership Plan (CLP)
  • Renewable Energy Program (REP) - Auctions
  • Net Metering
  • Technology Innovation and Emissions Reduction (TIER) Regulation
  • Financial Incentives and Policy Support for Solar
  • Alberta Municipal Solar Program (AMSP)
  • Financial Incentives and Policy Support for Wind
  • Market and Operational Framework for Wind Integration
5.4 Renewable Energy Policy Framework, British Columbia
  • Clean Energy Act
  • Hydro Net Metering
  • Climate Change Accountability Act
  • CleanBC Plan
  • Carbon pricing
  • Innovative Clean Energy Fund
  • B.C Hydrogen Strategy
5.5 Renewable Energy Policy Framework, Manitoba
  • Climate and Green Plan
  • Clean Energy Strategy
  • Residential Earth Power Loan
  • Green Energy Equipment Tax Credit
5.6 Renewable Energy Policy Framework, New Brunswick (NB)
  • Climate Change Action Plan
  • New Brunswick Regulation 2015-60
  • Renewable Portfolio Standard
  • Net Metering
  • Community Renewable Energy
  • Large industrial renewable energy purchase program
5.7 Renewable Energy Policy Framework, Newfoundland and Labrador
  • 2007 Energy Plan
  • Net Metering
  • Biogas Electricity Generation Program
5.8 Renewable Energy Policy Framework, Northwest Territories (NWT)
  • 2030 Energy Strategy: The Energy Action Plan (2018-2021)
  • Arctic Energy Alliance (AEA)
  • Net Metering
5.9 Renewable Energy Policy Framework, Nova Scotia
  • Renewable Electricity Plan, 2010
  • Renewable Electricity Standard Regulations
  • Renewable Energy Standard 2020
  • Updated Renewables Target
  • Business Plan 2021-2022
  • Cap and Trade Program
  • Net Metering
  • Solar Tax
  • Renewable to Retail Program
  • Offshore Wind Auctions
  • Marine Renewable Energy Act
  • Solar Energy Programs and Projects
  • Solar Electricity for Community Buildings Program
  • SolarHomes Program
  • Community Economic Development Investment Fund (CEDIF)
5.10 Renewable Energy Policy Framework, Ontario
  • Green Energy Repeal Act, 2018
  • Bill 34
  • Long Term Energy Plan, 2017
  • Climate Change Mitigation and Low-carbon Economy Act
  • Net Metering
5.11 Renewable Energy Policy Framework, Prince Edward Island (PEI)
  • Provincial Energy Strategy (2016)
  • Tax exemption
  • Clean Energy Price Incentive
  • Net metering
  • Solar Electric Rebate Program
  • Incentives
  • Energy Saving Bonds
  • Climate Change Action Plan 2018-2023
5.12 Renewable Energy Policy Framework, Quebec
  • Energy Policy 2030
  • 2018-2023 Action Plan
  • Net Metering
  • Auctions
5.13 Renewable Energy Policy Framework, Saskatchewan
  • Renewable Energy Targets
  • Request for qualification (RFQ) & Request for proposal (RFP) Process
  • Net Metering Program
6. Solar PV Power Market, Canada, Company Profiles
6.1 Northwest Territories Power Corp
  • Northwest Territories Power Corp - Company Overview
  • Northwest Territories Power Corp - Business Description
  • Northwest Territories Power Corp - SWOT Analysis
  • Northwest Territories Power Corp - Major Products and Services
  • Northwest Territories Power Corp - Head Office
6.2 Northland Power Inc
  • Northland Power Inc - Company Overview
  • Northland Power Inc - Business Description
  • Northland Power Inc - SWOT Analysis
  • Northland Power Inc - Major Products and Services
  • Northland Power Inc - Head Office
6.3 Enbridge Inc
  • Enbridge Inc - Company Overview
  • Enbridge Inc - Business Description
  • Enbridge Inc - SWOT Analysis
  • Enbridge Inc - Major Products and Services
  • Enbridge Inc - Head Office
6.4 Canadian Solar Inc
  • Canadian Solar Inc - Company Overview
  • Canadian Solar Inc - Business Description
  • Canadian Solar Inc - SWOT Analysis
  • Canadian Solar Inc - Major Products and Services
  • Canadian Solar Inc - Head Office
6.5 Silfab Solar Inc
  • Silfab Solar Inc - Company Overview
  • Silfab Solar Inc - Major Products and Services
  • Silfab Solar Inc - Head Office
6.6 Heliene Inc
  • Heliene Inc - Company Overview
  • Heliene Inc - Major Products and Services
  • Heliene Inc - Head Office
7. Appendix
7.1 Abbreviations
7.2 Market Definitions
  • Power
  • Renewable Power
  • Installed Capacity
  • Electricity Generation
  • Electricity Consumption
7.3 Methodology
  • Coverage
  • Secondary Research
  • Primary Research
  • Modelling and Forecasting
Contact the Publisher
List of Tables
Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001-2022
Table 2: Primary Energy Consumption, Global, 2001-2022
Table 3: Renewable Power Market, Canada, Cumulative Installed Capacity by Source (GW), 2010-2035
Table 4: Renewable Power Market, Canada, Cumulative Installed Capacity Share by Source (%), 2022 and 2035
Table 5: Renewable Power Market, Canada, Net Capacity Additions by Source (GW), 2023-2035
Table 6: Renewable Power Market, Canada, Capacity Growth by Source, 2022-2035
Table 7: Renewable Power Market, Canada, Power Generation by Source (TWh), 2010-2035
Table 8: Renewable Power Market, Canada, Growth in Power Generation by Source, 2022-2035
Table 9: Solar PV Market, Canada, Installed Capacity (GW), 2010-2035
Table 10: Solar PV Market, Canada, Power Generation (TWh), 2010-2035
Table 11: Solar PV Market, Canada, Market Size ($M), 2010-2030
Table 12: Solar PV Market, Canada, Major Active Plants
Table 13: Solar PV Market, Canada, Snapshot of Upcoming Plants
Table 14: Solar PV Market, Canada, Key Under-construction Projects
Table 15: Solar PV Market, Canada, Deal Volume vs. Deal Value ($M), 2010-2022
Table 16: Solar PV Market, Canada, Deals by Type, 2022
Table 17: Solar PV Module Market, Canada, Crystalline Modules, Market Size ($M), 2012-2026
Table 18: Solar PV Module Market, Canada, Thin-film Modules, Market Size ($M), 2012-2026
Table 19: Key Regulatory Authorities, Canada
Table 20: Renewable Energy Targets, Federal and Provincial, Canada
Table 21: Policy Snapshot, Canada, 2022
Table 22: Hydrogen Energy Strategy, Canada, 2020-2050
Table 23: Rebate Per Watt of Total Solar PV Installed Capacity (CAD/W), Alberta, 2022
Table 24: Investments for 2030 Energy Strategy by Strategic Objective, NWT, 2018-2021
Table 25: Northwest Territories Power Corp, Major Products and Services
Table 26: Northland Power Inc, Major Products and Services
Table 27: Enbridge Inc, Major Products and Services
Table 28: Canadian Solar Inc, Major Products and Services
Table 29: Silfab Solar Inc, Major Products and Services
Table 30: Heliene Inc, Major Products and Services
Table 31: Abbreviations
List of Figures
Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001-2022
Figure 2: Primary Energy Consumption, Global, 2001-2022
Figure 3: Renewable Power Market, Canada, Cumulative Installed Capacity by Source (GW), 2010-2035
Figure 4: Renewable Power Market, Canada, Cumulative Installed Capacity Share by Source (%), 2022 and 2035
Figure 5: Renewable Power Market, Canada, Net Capacity Additions by Source (GW), 2023-2035
Figure 6: Renewable Power Market, Canada, Capacity Growth by Source, 2022-2035
Figure 7: Renewable Power Market, Canada, Power Generation by Source (TWh), 2010-2035
Figure 8: Renewable Power Market, Canada, Growth in Power Generation by Source, 2022-2035
Figure 9: Solar PV Market, Canada, Installed Capacity (GW), 2010-2035
Figure 10: Solar PV Market, Canada, Power Generation (TWh), 2010-2035
Figure 11: Solar PV Market, Canada, Market Size ($M), 2010-2030
Figure 12: Solar PV Market, Canada, Snapshot of Upcoming Plants
Figure 13: Solar PV Market, Canada, Deal Volume vs. Deal Value ($M), 2010-2022
Figure 14: Solar PV Market, Canada, Split by Deal Type (%), 2022
Figure 15: Solar PV Module Market, Canada, Crystalline Modules, Market Size ($M), 2012-2026
Figure 16: Solar PV Module Market, Canada, Thin-film Modules, Market Size ($M), 2012-2026

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Northwest Territories Power Corp
  • Northland Power Inc
  • Enbridge Inc
  • Canadian Solar Inc
  • Silfab Solar Inc
  • Heliene Inc