The American Clean Power Association (ACP) today announced the release of the inaugural Solar Market Monitor, a market analysis of the domestic utility-scale solar industry produced by S&P Global Commodity Insights. The new report includes projections of a record-breaking year for solar, with over 32 GW of installations for 2024.
The new report marks a significant milestone for ACP, expanding its portfolio of industry-specific analyses to include the rapidly growing solar sector.
“The launch of the Solar Market Monitor represents the leading role ACP plays in providing unique insights and analysis for an ever-evolving solar industry, its growth, and policy and market challenges in the road ahead, said John Hensley, Senior Vice President of Policy & Market Analysis at ACP. “This inaugural report highlights how solar has solidified itself as a clean and cost-competitive energy resource for the U.S. Moving forward, this resource will help the industry navigate the dynamic U.S. solar marketplace.”
The report utilizes S&P Global Commodity Insights’ robust data and analysis capabilities, including their newly launched daily solar module price assessments. This collaboration provides ACP members with access to the most up-to-date and comprehensive market intelligence in the industry.
“We are excited to announce S&P Global Commodity Insights’ collaboration with ACP as a clean energy technology knowledge partner,” said Eduard Sala de Vedruna, Clean Energy Technology Lead at S&P Global Commodity Insights. “This relationship brings together S&P Global Commodity Insights’ Research and Consulting teams to provide valuable integrated data and insights on the supply chain, technology, and demand. We are pleased to work with ACP to provide a new way of measuring the development of this growing sector.”
