1 / 2

Off-Grid Solar Market

Off-Grid Solar Market

reshama
Download Presentation

Off-Grid Solar Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Off-Grid Solar Market Analysis Off-Grid Solar Market share is expected to reach USD 3943.4 million by 2030, expanding at a compound annual growth rate (CAGR) of 8.8% during the forecast period. Factors Studied For Market Forecast Drivers: Increasing Share Of Solar Energy Sources In The Global Energy Mix Growing Adoption Of Off-grid Solar In Developing And Rural Areas Restraints: High Initial Investments Opportunities: Small And Medium Enterprises (Smes) Switching To Solar Energy Request Sample Report @ https://www.marketresearchfuture.com/sample_request/7227 The Global Market to Grow Post COVID-19 Pandemic The COVID-19 pandemic has had a significant influence on the global off-grid solar business, causing production lines to be disrupted and solar installations to be shut down. The approval of many solar energy schemes and initiatives boosted renewable energy growth significantly in the first quarter of 2020. According to International Energy Agency data, distributed solar photovoltaic panels accounted for nearly 20% of renewable energy capacity in 2019. During the projection period, demand may be driven by the installation of solar energy panels as a result of their procurement by small and medium- sized businesses. Adoption of Off-Grid Solar Equipment in Rural Areas Off-grid solar systems are increasingly being used in rural regions as an alternative to grid extensions. It is necessary for lowering greenhouse gas emissions and successfully transitioning to renewable energy. People's acceptance of solar energy and the incentives supplied to them can drive its sales. The Malaysian government has planned to electrify a village in Sarawak, East Malaysia, using off-grid solar equipment. Market Segmentation By Type •Solar Panels •Batteries •Controllers •Inverters By Application •Residential •Non-Residential By Region

  2. •North America •Europe •Asia Pacific •Middle East & Africa •South America Read More@ https://www.marketresearchfuture.com/reports/off-grid-solar-market-7227 Recent Development Trina Solar, Canadian Solar, and six other important companies in the solar module manufacturing industry are proposing a standard for silicon wafers in order to produce more power. The standard has the potential to increase efficiency, reduce production costs, and encourage technical advances. Standardization of silicon cells to 210mm can increase the flux value and dumpling impact of solar modules. Key Companies Profiled •Hanwha Group (South Korea) •M-Kopa Kenya (Kenya) •Delta Electronics Inc. (Taiwan) •Jinko Solar Holding Co. Ltd. (China) •Sunpower Corporation (U.S.) •Abb (Switzerland) •Solectria Renewables Llc (Japan) •Canadian Solar (Canada) •Engie (France) •Schneider Electric (France) •Oolu Solar (Senegal) •Sma Solar Technology Ag (Germany)

More Related