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

The Solar Engineering, Procurement & Construction (EPC) market plays a pivotal role in the global transition to sustainable energy, integrating complex supply chains, regulatory compliance, and technological advances to deliver high-impact solar projects at scale. As demand for renewable power surges, efficient execution across engineering, procurement, and construction remains fundamental to success for senior stakeholders.

Market Snapshot: Solar EPC Market Growth and Dynamics

The Solar EPC market grew from USD 134.83 billion in 2024 to USD 147.90 billion in 2025. With a projected CAGR of 10.27%, the market is anticipated to reach USD 242.51 billion by 2030. This robust expansion is fueled by grid operators and developers prioritizing solar energy for portfolio diversification, policy-driven decarbonization targets, and surging investor demand for sustainable infrastructure. Strategic adaptation is critical as industry players navigate evolving regulatory frameworks, technology upgrades, and competitive global markets.

Scope & Segmentation

• Service Type: Construction (civil work, commissioning, electrical installation, project management), Engineering (feasibility studies, site survey and assessment, structural and electrical engineering, system design and modeling), Procurement.
• Solar Technology: Concentrated Solar Power (CSP), Photovoltaic (PV) including monocrystalline silicon, polycrystalline silicon, and thin film.
• Tracker Type: Dual axis, fixed tilt, single axis.
• Capacity: Large-scale solar EPC (over 10 MW), medium-scale solar EPC (1–10 MW), small-scale solar EPC (less than 1 MW).
• Installation Type: Floating solar, ground mounted, roof mounted.
• End Use: Commercial (hotels & resorts, office parks, retail and shopping complexes), industrial, residential, utility.
• Regions: Americas (United States, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru), Europe, Middle East & Africa (United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland, United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel, South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan).
• Leading Companies: Strata Clean Energy, McCarthy Building Companies, Inc., Eiffage S.A., Acciona S.A., Adani Group, Akuo Energy SAS, Canadian Solar Inc., Alsa Solar System LLC, Bechtel Corporation, Elevion Group B.V., Black & Veatch Holding Company, Qcells by Hanwha Group, ENERPARC AG, Enviromena International Holdings Ltd., GreenSpark, Inc., Hild Energy Private Limited, Koch, Inc., MVV Energie AG, Quanta Services, Inc., SHIZEN ENERGY Inc., SOLV Energy LLC, Sterling and Wilson Renewable Energy Limited, Tata Power Company Limited, TBEA Co., Ltd., Topsun Energy Limited, TotalEnergies SE, Trina Solar Co.,Ltd, Yingli Energy Development Company Limited, China Energy Engineering Corporation Limited, SunPower, Larsen & Toubro Limited, M. A. Mortenson Company, Risen Energy Co., Ltd., Xylem Inc., Bouygues S.A., Jakson Group, Mahindra Susten, Greencells GmbH, Siemens AG, ACWA Power.

Key Takeaways for Decision-Makers

• Digitally enabled EPC models are transforming project transparency and risk mitigation, allowing for real-time monitoring and data-driven decision-making.
• ESG frameworks are now central deliverables, with stakeholders requiring trackable sustainability performance and compliance across all project stages.
• Regional market differences necessitate tailored strategies, as policy incentives, interconnection standards, and permitting processes vary substantially.
• Facing supply chain pressures, companies are diversifying procurement and exploring nearshoring or local content approaches to increase resilience.
• Corporate partnerships and vertical integration enable faster adaptation to investment trends, digital innovation, and rising competition.
• Specialized EPC solutions, such as floating solar or hybrid systems, offer entry points into high-growth market segments with unique engineering demands.

Tariff Impact on Supply Chains and Strategic Planning

U.S. tariffs on solar cells and modules have had a cascading influence on global cost structures, leading procurement teams to pursue alternative sourcing and increased nearshoring. EPC firms are recalibrating supply chains to safeguard project economics amid a changing trade landscape, balancing short-term investments with incentives for domestic content and higher resilience.

Methodology & Data Sources

This report integrates primary research through C-level and technical expert interviews with leading EPC providers, supplemented by secondary research from policy documents, financial disclosures, trade association reports, and peer-reviewed literature. Analytical frameworks such as SWOT and PESTLE were applied and findings validated through triangulation and expert workshops.

Why This Report Matters

• Enables leadership teams to streamline market entry, partnering, and procurement priorities by highlighting region-specific drivers and barriers.
• Offers actionable insights on risk management, digital transformation strategies, and futureproofing operational efficiency.

Conclusion

By aligning technical innovation, robust risk management, and tailored regional strategies, decision-makers can capitalize on emerging opportunities in the dynamic Solar EPC market environment. This report serves as a strategic guide, empowering organizations to deliver resilient, high-performing solar projects.

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