Global Solar PV Module Market to exceed 100 GW by 2024 - PowerPoint PPT Presentation

Loading...

PPT – Global Solar PV Module Market to exceed 100 GW by 2024 PowerPoint presentation | free to download - id: 86ee20-MzZkY



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Global Solar PV Module Market to exceed 100 GW by 2024

Description:

More Information @ Increasing demand for cost competitive technology coupled with adequate technical and financial assistance will drive the crystalline silicon solar PV module market. Growing environmental concerns along with high operational efficiencies will further propel the business size. – PowerPoint PPT presentation

Number of Views:16

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Global Solar PV Module Market to exceed 100 GW by 2024


1
Solar PV Module Market in ground mounted to grow
at 7 CAGR by 2024 Global Market Insights Inc.
2
Key Insights from Solar PV Module Market
  • The global Solar PV Module Market share report
    provides numbers for applications and regional
    segments of the industry covering historical as
    well as forecast data for decision makers.
  • Solar PV Module Market size is set to exceed USD
    30 billion by 2024, as reported in the latest
    study by Global Market Insights, Inc.
  • Paradigm shift from depleting conventional to
    sustainable resources for electricity generation
    will drive the global solar PV module market
    size. Rising concern towards greenhouse gas
    emissions coupled with growing measures towards
    energy conservation will further stimulate the
    product demand.
  • Utility solar PV module market is anticipated to
    witness strong growth owing to favorable
    government initiatives including investment tax
    credit, low import duty and other financial
    assistance. In 2017, Ministry of Industry and
    Trade of Vietnam announced FiT scheme for utility
    scale solar power projects and the net metering
    scheme for rooftop systems.

3
Continued...
  • Germany solar PV module market size is set to
    exceed 2.5 GW of annual installation by 2024.
    Government initiatives pertaining to replacement
    of fossil fuels with clean energy resources will
    considerably complement the business landscape.
    In 2017, The German Renewable Energy Act
    renounced annual targets of 2.5 GW PV
    installations. Feed in tariff, tax benefits,
    subsidies introduced by government will further
    boost the product landscape.
  • Financial and technical assistance by
    institutions including the World Bank, Asian
    Development Bank (ADB) and International Finance
    Corporation (IFC) along with easy availability of
    soft loans will propel the crystalline silicon
    solar PV module market. Rising environmental
    concerns with improved operational efficiencies
    will further boost the business landscape.
  • Government initiatives such as net metering,
    subsidies, tax benefits, power purchase agreement
    coupled with growing measures toward rural
    electrification will stimulate the on-grid solar
    PV module market. In 2017, Ministry of New and
    Renewable Energy in India, exempted the
    procurement of PV components and materials for
    grid connected systems from customs and excise
    duty.

4
Continued...
  • UK solar PV module market is set to expand owing
    to government initiatives towards sustainable
    energy integration. The export tariff introduced
    by the UK government facilitates USD 0.06 per
    unit for the surplus electricity injected back to
    the grid by the generator. Favorable government
    reforms with ambitious plan towards carbon
    footprint reduction will further boost the
    business outlook.
  • For Middle East Africa, UAE solar PV module
    market share is set to expand over 18 by 2024.
    Growing investments towards optimum resource
    utilization and sustainable energy mix will
    propel the business outlook. Low Levelized cost
    pertaining to Independent Power Project (IPP)
    bids and Engineering Procurement and Construction
    (EPC) programs across the region will further
    thrust the industry landscape.
  • Notable players across the solar PV module market
    include Canadian Solar, Trina, JA Solar, Jinko,
    Yingli, First Solar, SFCE, Hanwha Q-Cell,
    SunPower, ReneSola, Lanco, Vikram Solar, Su Kam,
    Moser Baer, GCL, Hareon, Motech etc.

5
North America Solar PV Module Market Size, By
Product, 2016 (MW)

6

Browse Full Market Research Report On Solar PV
Module Market _at_ http//bit.ly/2qYT3Fu
Request for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/1563
7
360 Analysis
  • By Product Trends
  • Monocrystalline PV module market share is
    projected to witness gain over 6 by 2024.
    Increasing demand for energy efficiency and
    optimum resource utilization will propel the
    industry growth. Declining price with advancement
    of technology will further augment the industry
    landscape.
  • By Technology Trends
  • Increasing demand for cost competitive technology
    coupled with adequate technical and financial
    assistance will drive the crystalline silicon
    solar PV module market. Growing environmental
    concerns along with high operational efficiencies
    will further propel the business size. Thin film
    in 2016 accounted for over 20 of global market
    share. Improved efficiency, flexible integration
    and increasing RD spending towards cost
    competitive deployment are some of the salient
    features, which will boost the product demand.
  • Competitive Market Share
  • Notable participants in the industry include
    Trina, Canadian Solar, Jinko, JA Solar, First
    Solar, Yingli, Hanwha Q-Cell, SFCE, ReneSola,
    SunPower, Vikram Solar, Lanco, Su Kam, GCL, Moser
    Baer, Shine Solar, Motech Solar, Hareon and
    others.


8
Stay In Touch Website www.gminsights.com Soci
al Media
About PowerShow.com