As stated by the Department of Energy Organization Act of 1977, FERC has jurisdiction over interstate energy and electricity commerce. Regulatory decisions (Orders) issued by FERC are proposed, deliberated, and decided by commissioners who are appointed by the president of the United States and serve staggered five-year terms (Quinn 2015). FERC’s authority to regulate interstate electricity commerce is rooted in the “Interstate Commerce Clause” from Article I, Section 8 of the U.S. Constitution, which states that the United States Congress has regulatory authority over commerce that crosses state boundaries. The Federal Power Act of 1935 granted FERC’s predecessor, the Federal Power Commission, authority to “provide effective federal regulation of the expanding business of transmitting and selling electric power in interstate commerce.” This law effectively extended federal regulatory jurisdiction to all interstate transmission infrastructure and generators engaged in wholesale electricity commerce.

According to the report, The Rising Demand for Grid Connected Solar Power Sources as Due to the Presence of Advanced Technology has Been Contributing towards Market Growth. is one of the primary growth factors for the market. The Growing Demand for Solar Powered Energy Storage Solutions has Been Driving the Market Growth. is also expected to contribute significantly to the Grid-connected Photovoltaic Power Generation market. Overall, Residential applications of Grid-connected Photovoltaic Power Generation, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Components, such as Solar Panels, is boosting the Grid-connected Photovoltaic Power Generation market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as Thin Film, is boosting the Grid-connected Photovoltaic Power Generation market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Grid-connected Photovoltaic Power Generation market identified that the demand is rising in many different parts of the world as "Government Policies and Incentives to Promote Installation of Solar Power Systems will Bring Market Growth.". Furthermore, some recent industry insights like "In November 2021, SunPower Corp., a leading solar technology and energy services provider, announced the launch of its Virtual Power Plant (VPP) solution, enabling SunVault energy storage customers to be paid for allowing the utility to use stored energy during peak demand and contribute to a more stable power grid in their community." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Grid-connected Photovoltaic Power Generation market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Grid-connected Photovoltaic Power Generation market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Grid-connected Photovoltaic Power Generation market size is calculated using market estimation process, the Grid-connected Photovoltaic Power Generation market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Grid-connected Photovoltaic Power Generation market size has been validated using both top-down and bottom-up approaches.