Over the last 50 years, solar PV systems have evolved into a mature, sustainable, and adaptive technology. PV technology is improving as the efficiency of solar cells increases and the appearance of their modules improves. As a result, solar power is gaining acceptance and is becoming an increasingly cost-effective and clean alternative to conventional energy sources.
Ongoing support and commitment from federal governments and various state governments through renewable energy policies and programs are likely to sustain market growth. Solar power is the second-fastest growing renewable energy market, next to wind power.
Solar Power Enjoys its Moment in the Sun as it Gains Acceptance Globally as a Clean Alternative to Conventional Fuels
Over the last 50 years, solar PV has evolved into a mature, sustainable, and adaptive technology, which is rapidly gaining acceptance as a cost-effective and clean alternative to conventional energy sources. Solar energy is now the second-fastest growing renewable energy market, after wind power. PV technology’s rising popularity partly stems from the increasing efficiency of its solar cells and partly from the improved aesthetics of its modules.
Key Topics Covered:
1. Executive Summary
2. Solar Power Market Analysis
3. Concentrating Solar Power Segment
4. Photovoltaic Solar Power Segment
5. About Frost & Sullivan