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European Solar Panel Market Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2015-2022
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EUROPEAN SOLAR PANEL MARKET RESEARCH AND ANALYSIS, 2015-2022
EUROPEAN SOLAR PANEL In Europe, the solar sector is still in a transition phase. In 2015, around 15% of market growth was witnessed in Europe. In spite of the transition struggle of the various advanced solar markets in Europe, total installed capacities rise to 97.1 GW in 2015 from 88.9 GW in 2014.
MARKET MOTIVATORS • Rising demand for electricity • Rising environmental concerns • Declining natural gas and coal reserves • Supportive government initiatives • Low operating and maintenance cost
MARKET RESTRAINTS • Feed-in –tariff cuts for the existing solar installations • Limitation to operating hours • High electricity cost in comparison to other sources • Low capacity factor • Decreasing investment in the renewable energy
MARKET OPPORTUNITIES • Declining cost of solar panels • Technological advancements by regional market players
MARKET SEGMENTATION BY APPLICATION • Commercial • Industrial • Residential • Power plants • Others
MARKET PLAYERS • AE Solar GmbH • Canadian Solar Inc. • First Solar GmbH • Trina Solar Ltd. • Yingli Green Energy Europe GmbH To Be Continued……
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