The solar engineering, procurement and construction (EPC) market across the U.S. is projected to exceed $14 billion by 2025, according to a new report by Global Market Insights, Inc.
Regulatory measures to decrease the dependence on conventional fuels, favored by financial funding to boost renewable energy integration will stimulate the product penetration. Growing fund allocation to replace the existing power plants with sustainable technologies will further augment the industry portfolio. In 2017, the U.S. government proposed decrease in their tax reforms by reducing their corporate taxes with a target to reinforce the clean energy business potential.
