Crystalline Silicon Photovoltaic (PV) Market to Rise with a Significant Growth by 2022
Crystalline silicon photovoltaic (PV) represents almost 90‐“93% of the total solar PV cells market owing to its greater efficiency and durability, hence receiving attention from world‐™s prominent solar cell manufactures. In addition, substantial growth in government spending, rise in electricity prices and customer shift towards natural energy sources to get better cost-efficiency would promote its demand across utility, residential, and commercial sectors. Positive response for installation of solar PV have witnessed momentum in the past few years, largely driven by favorable environmental policies intended to meet burgeoning country‐™s energy demands from natural cleaner sources and this trend is expected to continue in future as well
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