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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United States Distributed Solar Power Generation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 10% during the forecast period of 2020 – 2025. Factors such as rising environmental concerns and high cost of grid expansion are expected to be major drivers driving the market. Also, advancement in technology leading ... Read More
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Egypt Solar Photovoltaic (PV) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of COVID-19 has significantly impacted the market with a decrease in the installation of solar PV projects. The lower deployment was due to primarily due to the negative impact on the economy. Factors such as ... Read More
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Mexico Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Mexico has some of the most attractive solar irradiation profiles across the world. The country’s total territory lies between the latitudes 14°N and 33°N and the longitudes 86°W and 119°W, signifying that it is one ... Read More
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Malaysia Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of 2021-2026, reaching 2.07 GW of installed capacity in 2026 from 882 MW in 2019. The COVID-19 has slightly affected the solar PV installations in the country during Q1 and Q2 2020 due to the ... Read More
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Brazil Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... The outbreak of the COVID-19 has had a significant impact on the country's economy which is expected to significantly hamper the growth of the solar market in the country. In 2020, Brazil generated 10.7 TW.h ... Read More
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Spain Solar Power Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of 2020-2025. Huge investments by the major market players, supportive policies with different incentives and strategies by the government, and large-scale acceptance of solar at the residential level are some of the driving factors for ... Read More
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Asia-Pacific Solar Photovoltaic (PV) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of 2020-2025. The major factor of driving the global solar PV market is the declining cost of solar PV. Solar PV module prices reduced by nearly 65% in 2019 as compared to that in 2010. ... Read More
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Greece Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... government's efforts to reduce greenhouse gas emissions and to decrease the reliance on fossil fuel-based power generation are expected to drive the Greece solar energy market. However, increasing the usage of wind energy to provide ... Read More
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Kuwait Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... increasing number of solar projects and the demand for renewable energy are the major factors driving the solar market. However, the high initial investment, intermittent energy source, and requirement of large installation area to set ... Read More
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Philippines Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... – 2027. Due to the COVID-19 outbreak, the Philippines Solar Energy Market has witnessed a negative impact. The demand from the residential PV segment is severely affected due to the financial uncertainty faced by the ... Read More
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Colombia Renewable Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of 2020-2025. Factors such as supportive government policies and efforts to meet the rising power demand using renewable energy sources are expected to be significant contributors to the growth of the market. With the commitment ... Read More
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Thailand Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 2019 – 2024. Factors such as strong government support for solar power development in the form of feed-in tariffs, and Alternative Energy Development Plan (AEDP) and declining costs of solar PV systems are expected to ... Read More
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China Distributed Solar Power Generation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... forecast period, 2020–2025. Factors, such as rising environmental concerns and high cost of grid expansion, are expected to be the major drivers driving the market. Additionally, advancement in technology leading to solar panel manufacturing cost ... Read More
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Portugal Distributed Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... the COVID-19 outbreak, the sector had not witnessed any significant negative impact. In 2020, Portugal deployed nearly 124 MW of solar PV projects. Though there was a slight delay in project execution during the H1 ... Read More
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China Solar Photovoltaic Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... The primary drivers of the market include the rising demand for renewable energy and electricity, reducing GHG emissions, and the declining cost of solar PV systems. The cost of solar modules produced in China is ... Read More
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United Arab Emirates Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... forecast period, 2020-2025. Factors, such as encouraging government policies and pressure to meet the power demand using renewable to decrease dependency on fossils and decrease Carbon footprints are significant contributors to the growth of the ... Read More
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Indonesia Renewable Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... During 2020, due to the COVID-19 pandemic, the market witnessed a halt, as the nation’s resources were focused toward defeating the COVID-19 pandemic. However, despite the pandemic, 2020 still registered a growth in renewable energy ... Read More
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Spain Renewable Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 2020-2025. Factors, such as encouraging government policies and efforts to meet the rising power demand using renewable energy sources and to reduce the dependency on fossil fuels, are expected to act as significant contributors to ... Read More
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Chad Power EPC Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Factor such as increasing investment in the sector is likely to drive the Chad power EPC market in the forecast period. However, low transmission infrastructure, accounting for electricity access to only 11.76% of the population ... Read More
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South Africa Distributed Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... the COVID-19 outbreak, the sector had not witnessed any significant negative impact. In 2020, South Africa deployed 1 GW of solar PV projects. Though there was a slight delay in project execution, the sector managed ... Read More
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Slovakia Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... primary drivers of the market include rising energy demand, efforts to reduce the reliance on fossil fuel-based power generation, and declining cost of solar PV and associated systems. Other factors like increasing demand for renewable ... Read More
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Off-Grid Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of COVID-19 led to the global economic slowdown, which, in turn, led to a reduction in individual earnings and increased unemployment, hampering the growth of the off-grid solar market. The major factor driving the global ... Read More
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Denmark Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... than 10% during the forecast period of 2020 – 2025. Factors such as encouraging government policies and pressure to meet power demand using renewables to decrease dependency on fossils are expected to create a large ... Read More
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Venezuela Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... COVID-19 is expected to delay the proposed solar projects in the country, as the whole supply chain is affected from 2020. The primary drivers of the market include rising energy demand and efforts to reduce ... Read More
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United States Solar Energy Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... solar PV projects under construction, in the pipeline and planning stages, and supportive policies of the government are expected to boost the cumulative installed capacity of solar energy during the forecast period. Like many other ... Read More
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