Distributed solar photovoltaic (PV) systems offer the benefit of producing electricity onsite, thereby reducing the need to build new transmission capacity and avoiding line losses.
Distributed generation can offer significant benefits to consumers while adding resiliency to an electric grid based on a traditional centralized model.
These systems are used in applications ranging from residential to small commercial to industrial use.
Though this market is still primarily driven by government incentives, distributed solar PV will continue its steady march toward grid parity in major markets over the next few years.
The global distributed solar photovoltaic market contracted slightly in 2012, due to reduced market activity in Italy and Germany. However, growth in the United States, China, Japan, and other countries continued, driven by solar PV module price reductions, the growth of third-party financing models, and feed-in tariffs. Navigant Research forecasts that, from 2013 to 2018, 220