Floating Solar Panels Market to grow at 45% CAGR from 2016 to 2024 - PowerPoint PPT Presentation

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Floating Solar Panels Market to grow at 45% CAGR from 2016 to 2024

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More Information @ Growing focus towards clean fuel electricity generation sources coupled with scarcity of land will drive the global floating solar panels market size during the forecast period. Regulators across the globe are setting up numerous target pertaining to clean energy capacity addition to curb the environmental pollution level. – PowerPoint PPT presentation

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Title: Floating Solar Panels Market to grow at 45% CAGR from 2016 to 2024


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Floating Solar Panels Market to grow at 45 CAGR
from 2016 to 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Floating Solar Panels Market
  • Floating Solar Panels Market size is set to
    exceed 2.5 GW by 2024, according to a new
    research report by Global Market Insights, Inc.
  • On grid floating solar panels market volume could
    witness a significant growth of over 45 from
    2016 to 2024. Development of large utility scale
    projects coupled with numerous financial
    incentives and tax benefits offered by the
    regulators will influence the global business
    size.
  • Measurers to reduce greenhouse gas emissions have
    seen a sincere effort from policy makers towards
    the adoption of sustainable energy. Government of
    China under its 13th five-year plan has set up a
    target to reduce the existing GHG emission level
    to 18 by 2020. Regulators of UK has also
    established numerous frameworks under the
    countrys climate change act 2008. The country is
    targeting to curb the GHG emission level to 80
    by 2050 from 1990 level.

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Continued...
  • Availability of limited land space for the
    deployment of new PV systems will significantly
    drive the floating solar panels market share
    across the globe. Numerous countries have allowed
    the reservoir owner to collect rent and business
    tax from the plant operators. Feed in tariff
    schemes by several other countries will further
    enhance the industry landscape.
  • Tracking floating solar panels market size is
    predicted to exceed USD 250 million by 2024.
    Technological advancement coupled with declining
    solar component cost will positively influence
    the business growth.
  • U.S. floating solar panels market volume share is
    predicted to grow over 67 by 2024. Federal
    government initiatives to encourage the
    deployment of clean energy technologies will
    further complement the industry outlook.

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Global Floating Solar Panels Market, By Capacity,
2013 - 2024 (MW)

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Browse Full Market Research Report On Floating
Solar Panels Market _at_ http//bit.ly/2e0kgik R
equest for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/692
6
Continued...
  • For Europe, UK floating solar panels market share
    was valued over 1.12 MW in 2015. Synchronization
    of Queen Elizabeth II project over
    Walton-on-Thames has significantly driven the
    industry growth across the region.
  • China is predicted to reach over USD 140 million
    by 2024. Increasing investments towards the
    deployment of large scale PV projects will
    enhance the countrys business landscape. Japan
    floating solar panels market is anticipated to
    exceed over 400 MW by 2024.
  • Accessibility with limited resources will
    significant drive the demand across the country.
    In 2016 Kyocera Corp of Japan had successfully
    synchronized the worlds largest floatovoltaics
    power plant having capacity of 14.5 MW

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Continued...
  • Brazil floating solar panels market share is set
    to witness momentous growth of over 34 from 2016
    to 2024.
  • Government of Brazil is making significant
    investments to fully utilize the countrys vast
    river beds which in turn will drive the industry
    size.
  • In 2016 Brazil, has completed the grid
    synchronization of the regions largest
    floatavoltaic plant of capacity 10 MW.
  • Key industry player includes SPI Energy, Solaris
    Synergy, KYOCERA CORPORATION, Novaton AG, Ciel
    Terre International, Pristine Sun, Yingli Solar,
    Vikram Solar and Sunengy

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