Solar Power Market Research Reports
The basic unit of all solar electric technology is the photovoltaic (PV) cell. PV cells generate electricity by exploiting the “photovoltaic effect” where, under certain conditions, electrons flow through semiconductor materials when exposed to sunlight.
Solar electric (PV) and solar thermal (ST) are proving technologies, however; the primary industry focus currently is on grid-tied solar electric photovoltaic (PV) power, with solar thermal (ST) power accorded a secondary focus. The reason for taking this approach is that, as presently constituted, the U.S. solar market is built primarily on sales of PV systems.
The solar power market cannot be properly understood without reference to the overall U.S. electricity market, which is thoroughly dominated by coal, natural gas, and nuclear power. Thus the status quo electricity market based on non-renewable energy power must be taken into scope.
Solar Power Industry Research & Market Reports
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Australia Rooftop Solar Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 pandemic increased the risks of delay and cost blowouts associated with project developments in the country during Q1 and Q2 of 2020 due to lockdown restrictions. Factors such as declining costs of solar PV ... Read More
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New Zealand Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... 2022-2027. COVID-19 has led to disruption in the supply chain due to lockdown measures taken by various countries worldwide. However, in New Zealand, the solar energy sector did not witness any major impact. Though the ... Read More
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United States Renewable Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... With the COVID-19 outbreak in Q1 of 2020, the US renewable energy market witnessed a negative impact on energy systems by curbing investments and threatening to slow the expansion of key clean energy technologies and ... Read More
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Russian Federation Renewable Energy Market-Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The COVID-19 outbreak has not had much impact on the Russian renewable energy market since the country witnessed increasing wind and solar energy installations in 2020, surpassing the installations in 2019. Factors such as supportive ... Read More
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Chile Renewable Energy Market - Growth, Trends, and Forecasts (2023 - 2028)
... impacted by COVID-19. Presently the market has now reached pre-pandemic levels. Key Highlights During the last decade, the government has started emphasizing ways to capitalize on other domestic resources, namely strong coastal winds, strong solar ... Read More
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Portugal Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 outbreak notably impacted the GDP, which declined by 8.4% in 2020, the largest annual decline since 1936. In March 2020, Portugal announced a EUR 9.2 billion stimulus package. Portugal's government also took actions specific ... Read More
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Greece Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 outbreak impacted the Greece solar energy market due to delayed licensing procedures for new solar projects and inadequate manpower for ongoing solar projects. These major issues affected the solar energy sector's growth due to ... Read More
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Austria Renewable Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... did not affect the renewable energy market significantly, as the country witnessed hassle-free execution of projects in 2020. In 2020, the solar PV capacity grew by 30% compared to 2019. The other renewable technologies, particularly ... Read More
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Pakistan Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The COVID-19 pandemic had a multi-faceted impact on the Pakistani solar energy market. The residential solar energy market benefited from a sharp decline in installations from 45 rps/watt in January 2020 to 35 rps/watt in ... Read More
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Israel Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... Israel, apart from installing solar capacity, has also been encouraging people to install solar PV panels on rooftops, thus, increasing solar installations at the domestic level, which is likely to drive the Turkish solar energy ... Read More
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Asia-Pacific Solar Tracker Market - Growth, Trends, and Forecasts (2023 - 2028)
... in terms of project delays and supply chain disruptions by COVID-19. Presently, the market has reached pre-pandemic levels. Key Highlights The growing demand for solar energy and solar contribution to a greener environment is expected ... Read More
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North America Solar Tracker Market - Growth, Trends, and Forecasts (2023 - 2028)
... pandemic did not have any major impact on the solar tracker market as the region witnessed a huge growth in the solar power installations in the year 2020. Presently the market has now reached pre-pandemic ... Read More
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Mexico Power Epc Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 pandemic has drastically impacted the Mexican power EPC market by creating supply chain bottlenecks and delays in constructing power projects like the solar photovoltaic (PV) project in Sonora, which led to an increase in ... Read More
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South Africa Renewable Energy Market - Growth, Trends, and Forecasts (2023-2028)
... a CAGR of over 11% during the forecast period. The COVID-19 pandemic negatively impacted the renewable energy industry. However, the market is expected to grow at a steady pace during the forecast period. Supporting government ... Read More
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Trend Opportunity Profile: Energy
... The trend opportunity profile series is a set of transformative trends that address the concerns related to the energy crisis, and these include alternative energy solutions and services that promote the commercialization of green hydrogen, ... Read More
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United Kingdom Distributed Solar Power Generation Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... the forecast period of 2022-2027, reaching around 8.45 GW by 2027, up from 7.49 GW in 2020. During Q1 2020, the United Kingdom distributed solar power facilities with a capacity range of 0 kW-5 MW ... Read More
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Sweden Solar Energy Market - Growth, Trends, and Forecast (2023 - 2028)
... is expected to register a CAGR of more than 23.3% during the forecast period. Though the COVID-19 pandemic negatively impacted the market in 2020, it has reached pre-pandemic levels. Key Highlights Over the short term, ... Read More
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Japan Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... significant negative impact on the country, with around 5.4 GW of solar projects completed in 2020. However, some concerns related to the supply chain and workforce did not pose a significant challenge for the market ... Read More
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Colombia Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... installed capacity of 4019 MW in 2027 from 440 MW in 2022. With the COVID-19 pandemic, the market had not witnessed any major negative impact. The market grew by around 18.8% in 2020, despite challenges ... Read More
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Spain Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 outbreak in 2020 slightly affected solar PV production, and project implementation was also delayed in the country during Q1 and Q2 of 2020 due to the pandemic-induced lockdown restrictions. Moreover, the country’s total electricity ... Read More
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Residential Energy Storage Systems (Ess) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... and is projected to register a CAGR of over 24.4% during the forecast period. The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels. Key Highlights Over the ... Read More
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Australia Power Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... the power industry with a slight decline in the power demand, which varied in different sectors. According to the energy ministry, in 2019-2020, the electricity consumption was around 6013 petajoules, a decline of 2.9% compared ... Read More
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South Africa Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 pandemic led to a slight delay in utility project execution. Demand from the residential PV segment was severely affected due to financial uncertainty faced by the customers, whereas commercial and industrial installations faced a ... Read More
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Belgium Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The country reported a slowdown in solar PV installations during the COVID-19 outbreak in Q1 2020. However, the recovery in 2020 was strong and, in no time, outpaced the installations of 2019. In addition, the ... Read More
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United States Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... solar installed capacity of 270 GW by 2027 from 96.19 GW in 2020. Unlike many other industries, the country’s solar energy industry was not severely impacted by the COVID-19 pandemic, resulting in significant new installations ... Read More
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