Tools commonly used in the Solar Energy Equipment (Wholesale) industry for day-to-day tasks and operations.

• Solar panels
• Solar water heaters
• Solar-powered generators
• Solar inverters
• Solar charge controllers
• Solar batteries
• Solar mounting systems
• Solar tracking systems
• Solar thermal collectors
• Solar pool heaters
• Solar attic fans
• Solar-powered lighting systems
• Solar-powered pumps
• Solar-powered ventilation systems
• Solar-powered refrigerators
• Solar-powered air conditioners
• Solar-powered water pumps
• Solar-powered irrigation systems
• Solar-powered streetlights

Common products and services typical of NAICS Code 423720-32, illustrating the main business activities and contributions to the market.

• Solar panel distributors
• Solar water heater suppliers
• Solar-powered generator wholesalers
• Solar inverter distributors
• Solar battery suppliers
• Solar mounting system wholesalers
• Solar thermal collector distributors
• Solar pool heater suppliers
• Solar attic fan wholesalers
• Solar-powered lighting system distributors

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• NABCEP Solar PV Installation Professional Certification: This certification is provided by the North American Board of Certified Energy Practitioners (NABCEP) and is required for solar PV installers in many states in the US. It demonstrates that the installer has the necessary knowledge and skills to safely and effectively install solar PV systems.
• UL 1703 Certification: This certification is provided by Underwriters Laboratories (UL) and is required for solar panels to be sold in the US. It ensures that the panels meet safety and performance standards.
• NABCEP Solar Heating Installer Certification: This certification is provided by NABCEP and is required for solar heating installers in many states in the US. It demonstrates that the installer has the necessary knowledge and skills to safely and effectively install solar heating systems.
• IREC ISPQ Accreditation: This accreditation is provided by the Interstate Renewable Energy Council (IREC) and is a voluntary program for training providers in the renewable energy industry. It ensures that the training meets high standards and prepares individuals for careers in the industry.
• SEIA Quality Assurance Program: This program is provided by the Solar Energy Industries Association (SEIA) and is a voluntary program for solar installers. It ensures that the installer meets high standards for quality and customer service.

A concise historical narrative of NAICS Code 423720-32 covering global milestones and recent developments within the United States.

• The solar energy industry has a long history dating back to the 19th century when French scientist Edmond Becquerel discovered the photovoltaic effect. However, it wasn't until the 1950s that solar cells were first used to power small electrical devices. In the 1970s, the oil crisis led to a surge in interest in solar energy, and the industry began to grow rapidly. In the 1980s, the first large-scale solar power plants were built, and the industry continued to expand throughout the 1990s and 2000s. In recent years, there have been significant advancements in solar technology, including the development of more efficient solar cells and the use of energy storage systems to make solar power more reliable. In the United States, the solar energy industry has experienced significant growth in recent years. In 2019, the industry employed over 240,000 people and generated over $18 billion in investment. The growth of the industry has been driven by a combination of falling costs, government incentives, and increasing public awareness of the need to transition to renewable energy sources. In 2020, despite the challenges posed by the COVID-19 pandemic, the solar industry continued to grow, with a record 19.2 GW of solar capacity installed. The industry is expected to continue to grow in the coming years as the cost of solar energy continues to fall and more states adopt renewable energy targets.

The anticipated future trajectory of the NAICS 423720-32 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Solar Energy Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for renewable energy sources and the decreasing cost of solar energy equipment. The government's support for renewable energy and the implementation of tax incentives for solar energy equipment installation are also expected to drive the growth of the industry. Additionally, the increasing awareness of the environmental benefits of solar energy is expected to increase demand for solar energy equipment. However, the industry may face challenges due to the competition from other renewable energy sources and the uncertainty of government policies.

Recent groundbreaking advancements and milestones in the Solar Energy Equipment (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Solar Panels with Higher Efficiency: The industry has seen the development of solar panels with higher efficiency, which can generate more electricity from the same amount of sunlight. This innovation has made solar energy more cost-effective and has increased the demand for solar energy equipment.
• Energy Storage Systems: The development of energy storage systems has made solar energy more reliable and has increased its adoption. These systems store excess energy generated by solar panels during the day and use it during the night or when there is no sunlight.
• Smart Solar Inverters: Smart solar inverters are an innovation that allows solar panels to be connected to the internet and controlled remotely. This innovation has made solar energy more efficient and has reduced the cost of maintenance.
• Solar-Powered Electric Vehicles: The development of solar-powered electric vehicles has increased the demand for solar energy equipment. These vehicles use solar panels to generate electricity and reduce their dependence on the grid.
• Solar-Powered Water Pumps: The development of solar-powered water pumps has increased the adoption of solar energy in the agriculture sector. These pumps use solar panels to generate electricity and pump water from wells or rivers.