DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Adaptive Solar Collectors Market Outlook 2021 – Market Analysis by
Geography, Type, Competitive Landscape, Key Company Information – Growth
Trends and Forecasts” report to their offering.
The global solar power production has been increased from 7 GW to 40 GW
in the last four years. The report estimates that the scale of
production of smaller activities like production of solar powered cars
or solar powered motors for agriculture industry and many others will
grow at a faster rate than the previous years.
It is a billion dollar market with China leading the market of producing
Photo voltaic cells. Germany is one of the leading countries for
installing Photovoltaic across the country has an installed capacity of
37 GW. It leads the pack with China, United States of America, Japan and
Italy closely on its heels.
The main concern regarding the solar power is the initial cost of
Photovoltaic cells. This cost incurred is a one-time investment and
solar panels have a very negligible maintenance cost. There are other
concerns like solar power is an intermittent energy source. This problem
is solved by connecting the solar panels to the grid so excess power can
be saved and can be used any other time. This unreliability of solar
power is not a lot compared to the fluctuation of oil and gas supply in
In the recent years lot of research is going on in this field to make
production easier and also to make the solar panels smaller and more
customers friendly. Lot of efforts are being made to increase the
efficiency of solar panels which used to have a very meagre efficiency
percentage. Different techniques like Nano-crystalline solar cells, thin
film processing, metamorphic multijunction solar cell, polymer
processing etc. will help the future of this industry.
- Increasing Energy Demand
- Environmental Advantages
- Low Maintenance Cost
- Applications in Various Sectors
- High Initial Costs
- Intermittent Energy Source
- Large Areas Required to setup solar Farms
- Scope for New Technology Innovations
- Wuxi Suntech Power Co., Ltd.
- First Solar Inc
- Juwi Solar, Inc.
- SolarCity Corporation.
- Activ Solar GmbH
- Yingli Solar
- Trina Solar Limited
- Sharp Solar Energy Solutions Group
- Canadian Solar Inc.
- JinkoSolar Holding Co., Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/mckx6p/global_adaptive
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