Rooftop solar storage EPC turnkey quotation per 15MW 2025

How big is the Solar EPC market?

The solar EPC market size exceeded USD 407.6 billion in 2024 and is estimated to grow at a CAGR of 8.1% from 2025 to 2034, driven by a focus on sustainability, reduced environmental impact, and alignment with global green initiatives.

How big is the rooftop solar market in 2034?

The rooftop segment is anticipated to reach more than USD 321 billion by 2034, owing to increasing demand in residential and commercial establishments. Increasing initiatives and schemes by the government to strengthen the adoption of small-scale rooftop solar, will drive the market growth.

What is the market size of the rooftop & ground mounted market?

Based on classification, the market is bifurcated into rooftop and ground mounted. The rooftop segment is anticipated to reach more than USD 321 billion by 2034, owing to increasing demand in residential and commercial establishments.

Who are the key players in solar EPC market?

Some of the major players in the solar EPC industry include Abengoa, BLUELEAF ENERGY, Black & Veatch Holding Company, Bechtel Corporation, BELECTRIC, Canadian Solar, Chint Solar, Eternia Solar, JUWI, Jakson Group, Mahindra Susten.

Why are solar EPC companies focusing on sustainability?

Solar EPC firms are focusing on reducing the environmental impact of their projects, offering sustainable solutions, and aligning with global environmental goals. Investors and customers are increasingly prioritizing companies with strong sustainability practices.

How many solar projects will Vikram Solar build in 2025?

In January 2025, the company will build 340 MW of solar PV projects worth USD 3.2 Million for Teraco, Air Liquide, Sasol and Glencore. In January 2025, Vikram Solar, announced the supply order of 1 GW of solar modules.