Solar PV Glass Market set to exceed 700-million-meter square by 2024

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Solar PV Glass Market set to exceed
700-million-meter square by 2024 Global Market
Insights Inc.
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Key Insights from Solar PV Glass Market

• This Solar PV Glass Market report is an
  exhaustive research on companys active in Solar
  PV Glass sector, its applications, products,
  end-users, trends and predictions on how the
  market will grow in coming years.
• Solar PV Glass Market size could exceed USD 3
  billion by 2024, according to a new research
  report by Global Market Insights, Inc.
• Stringent government norms toward reduction of
  carbon footprints by increasing the installation
  of clean energy sources will stimulate the solar
  PV glass market size. The Government of UK, in
  2015 had set a target to replace all the
  conventional fired power stations with clean
  systems by 2025. Germany under its Climate Change
  Act 2008 had set a target to curb carbon
  footprints by 40 from 1990 level by 2020.
• Increasing funding from public and private
  financial institutions including the World Bank,
  Asian Development Bank (ADB) to explore PV
  potential across developing regions will foster
  the solar PV glass market. In 2017, International
  Solar Association announced a global funding of
  about USD 300 billion to support sustainable
  energy over next ten years. In 2017, Softbank,
  Japan announced a funding of about USD 100
  billion under its Vision Fund program towards
  solar installations across India.

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Continued...

• Government initiatives towards sustainable energy
  integration coupled with growing measures toward
  energy conservation will augment the U.S. solar
  PV glass market. In 2016, The U.S. Government
  revised its SunShot initiative plans with an aim
  to achieve cost targets of about USD 0.05 /Kwh
  and USD 0.04/ Kwh for residential and commercial
  photovoltaic applications respectively.
• Annealed solar PV glass market will witness
  strong growth owing to its cost competitiveness,
  and ease of manufacturing. In 2016, a research
  team from the U.S. based University of Utah
  developed latest laser annealing technique in
  thin film chalcogenide PV systems with an aim to
  cut down overall solar manufacturing costs.
  Product flexibility subject to heat
  strengthening, ease of polishing machining and
  easy cutting will further complement demand
  outlook.
• Financial and technical assistance including
  rebates, subsidies, and asset leveraging, by
  government authorities will embellish the solar
  PV glass market growth. In 2017, Energy ministry
  of France awarded an average feed-in-tariff
  premium of USD 70.25/MWh towards large-scale
  ground-based photovoltaic installations.
  Crystalline silicon solar PV glass market is set
  to exceed 5-million-metric tons by 2024.

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Continued...

• Netherlands solar PV glass market size in 2016
  was valued over USD 20 million. Ongoing
  government initiatives to expand rooftop
  installations along with stringent norms
  pertaining to reduction of GHG emissions will
  drive growth. In 2016, Government of Netherland
  has revised its renewable integration targets to
  14 by 2020. The government further extended
  their solar tax scheme in compliance to EUs
  climate action plan.
• Rising investments towards energy efficient
  technology and maintaining energy mix will drive
  the UAE solar PV glass market. Independent Power
  Project bids along with Engineering, Procurement
  and Construction programs lead to low LCOES,
  which will further complement the business
  growth.
• Notable solar PV glass market participants
  include Nippon, Onyx, Saint Gobain, Guardian
  Industries, Guangdong Golden, Xinyi, Sunarc
  Technology, Borosil, Euro Multivision, Flat
  Group, Jin Jing, Hecker Glastechnik, Vidur Glass
  and Interfloat Corporation.

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U.S. Solar PV Glass Market Size, By End Use, 2016
2024 (USD Million)

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360 Analysis

• By Technology Trends
• Easy manufacturing process, uniform thickness,
  architectural applications, and cost
  effectiveness are some of the key qualities which
  will drive float solar PV glass market size. The
  technology on account of its high light
  transmittance, low reflectance and high flatness
  holds extensive applications in thin film
  photovoltaic modules.
• By Region Trends
• U.S. solar PV glass market size in 2016 was over
  90-million-meter square. Measures towards energy
  security along with stringent government
  regulations to deploy sustainable energy will
  propel the industry growth. In January 2017, the
  U.S. legislation introduced a Department of
  Energy Research and Innovation Act under H.R.589
  to improve traditional laboratories and focus
  more towards the electricity storage and solar
  fuels research activities.
• Competitive Market Share
• Key companies operating in the solar PV glass
  market include Onyx, Nippon, Guardian Industries,
  Xinyi, Saint Gobain, AGC, Guangdong Golden,
  Borosil, Sunarc Technology, ?i?ecam Group, Euro
  Multivision India, Hecker Glastechnik, Flat
  Group, Interfloat Corporation, Jin Jing Group and
  Vidur Glass.

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