Solar Engineering, Procurement & Construction Market - Global Forecast 2025-2030

The solar engineering, procurement, and construction (EPC) market is entering a phase of accelerated transformation, shaped by intensifying global sustainability objectives and broad energy transitions. As the sector adapts to regulatory complexity, evolving technology, and supply chain dynamics, senior decision-makers are redefining strategies to capture value and mitigate emerging risks.

Market Snapshot: Solar Engineering, Procurement & Construction Market Growth

The Solar Engineering, Procurement & Construction Market grew from USD 134.83 billion in 2024 to USD 147.90 billion in 2025. It is expected to continue growing at a CAGR of 10.27%, reaching USD 242.51 billion by 2030. This robust expansion is driven by the push for renewable diversification, escalating corporate responsibility, and market demand for integrated solar EPC solutions. Stakeholders are focusing on operational excellence and innovative project delivery as the competitive and regulatory environment intensifies.

Scope & Segmentation

This report provides in-depth analysis across all core segments of the solar EPC market, covering project services, technology choices, installation formats, and regional trends to facilitate informed decisions for business leaders.

• Service Type: Construction (civil work, commissioning, electrical installation, project management), Engineering (feasibility studies, site survey & assessment, structural & electrical engineering, system design & modeling), Procurement (strategic sourcing, supply chain optimization)
• Solar Technology: Concentrated Solar Power (CSP), Photovoltaic (PV), including monocrystalline silicon, polycrystalline silicon, and thin-film modules
• Tracker Type: Dual axis, fixed tilt, single axis
• Capacity: Large-scale (over 10 MW), medium-scale (1–10 MW), small-scale (less than 1 MW)
• Installation Type: Floating solar, ground mounted, roof mounted
• End Use: Commercial (hotels & resorts, office parks, retail & shopping complexes), industrial, residential, utility
• Geographical Coverage: Americas, Europe, Middle East & Africa, Asia-Pacific, with country-level insights for key markets including the United States, China, India, Germany, and others
• Company Profiles: Major participants analyzed include firms such as Strata Clean Energy, McCarthy Building Companies, Acciona, Adani Group, Canadian Solar, Bechtel Corporation, Black & Veatch Holding Company, Trina Solar, Tata Power Company Limited, SunPower, Siemens AG, and ACWA Power

Key Takeaways for Solar EPC Stakeholders

• Technology integration is driving new business models in the solar EPC market, including outcome-based contracts and real-time monitoring for improved asset performance and risk mitigation.
• Policy shifts and evolving regulatory frameworks require ongoing agility in engineering and construction planning, with developers actively aligning with local incentives and securing grid interconnection capacity ahead of project commissioning.
• Investor appetite is influenced by transparent ESG credentials, making sustainability reporting and circularity practices central to EPC value propositions and competitive differentiation.
• Diversified procurement strategies and nearshoring have emerged to strengthen supply chain resilience, especially when responding to global trade dynamics.
• Regional variation shapes project design and delivery; for example, large-scale ground-mount projects dominate in North America, while innovative rooftop and hybrid systems are expanding across Asia-Pacific and island markets.

Tariff Impact on the Solar EPC Ecosystem

United States tariff policies on solar modules and cells have influenced supply chain structure and procurement planning across the industry. Import duties have heightened cost considerations for developers and prompted diversification of sourcing strategies. Many stakeholders are exploring nearshoring and domestic manufacturing to balance regulatory compliance with long-term project value. Engineering designs are also adapting to encompass a wider array of solar panel specifications, ensuring supply flexibility regardless of origin.

Research Methodology & Data Sources

Data in this report is grounded in comprehensive primary interviews with EPC leaders, project managers, and technical specialists, complemented by secondary research from policy documents, financial reports, industry associations, and peer-reviewed studies. Triangulation techniques and analytical frameworks were applied to validate findings and maintain market accuracy.

Why This Report Matters

• Enables C-level executives to benchmark operational models and procurement strategies against industry best practices and global peers.
• Equips teams to navigate regulatory change, optimize project timelines, and identify untapped growth opportunities in both emerging and mature markets.

Conclusion

The solar EPC market demands integrated, agile approaches to drive sustainable, cost-effective growth. This report offers actionable intelligence to support strategic alignment and capitalize on sector opportunities amid shifting technological, policy, and financial landscapes.

Additional Product Information:

• Purchase of this report includes 1 year online access with quarterly updates.
• This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.