100+ Market include abengoa solar PowerPoint (PPT) Presentations, Market include abengoa solar PPTs

Market include abengoa solar - PowerPoint PPT Presentation

Research and development in solar cell technologies providing Lucrative opportunities for the solar energy market by 202

According to a new report published by Allied Market Research, titled, Solar Energy Market by Technology, Solar Module, Generation and Application: The solar energy market was valued at $86 billion in 2015, and is projected to reach $422 billion by 2022, growing at a CAGR of 24.2% from 2016 to 2022. Based on application, architecture occupied more than two-fifths share in 2015.

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Solar Energy Market Expected to Reach $422 Billion, Globally, by 2022

The growth of the solar energy market is driven by increase in environmental pollution and provision of government incentives & tax rebates to install solar panels. In addition, decrease in water footprint associated with solar energy systems has fueled their demand in power generation sectors. The demand for solar cells has gained major traction owing to surge in rooftop installations, followed by increase in applications in the architectural sector. Furthermore, the demand for parabolic troughs and solar power towers in electricity generation is expected to boost the demand for concentrated solar power systems.

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Market include abengoa solar - PowerPoint PPT Presentation

Research and development in solar cell technologies providing Lucrative opportunities for the solar energy market by 202

Solar Energy Market Expected to Reach $422 Billion, Globally, by 2022