The global concentrated solar power (CSP) market is expected to have a substantial growth over the next decade as the latest industry data from GlobalData shows that the global concentrated solar power capacity is estimated to increase significantly from 5.6 GW 2018 to 22.4 GW in 2030 following significant capacity additions by China, Chile, and…
The global solar energy industry has witnessed a significant growth over the recent decades with several top solar energy companies leading the way. Due to the increasing concerns about environmental pollution and the climate change, the whole world is gradually switching over to the renewable energy revolution. As one of the most common and essential…
Solar power currently constitutes nearly 1% of the world’s electricity generation, but the growth of the global solar industry is faster than ever before. The increasing demand for solar power and solar facilities such as solar panels and rooftop solar system has led to an increase in R&D spending by the world’s leading solar companies….
Rising adoption of automation, increase in standard of living, the rapid growth of urbanization and different global and national mandates to reduce greenhouse gas (GHG) emissions has driven the growth and has increased the demand for renewable solar energy installations. The use of solar installations coupled with string inverters ensures energy savings and reduced cost….
