Photovoltaic system

Photovoltaic Inverter Market to Grow by USD 1.48 billion during 2021-2025| 3.81% Year-Over-Year Growth in 2021|Technavio

Thursday, February 25, 2021 - 4:00pm

NEW YORK, Feb. 25, 2021 /PRNewswire/ -- The photovoltaic inverter market is expected to grow by USD 1.48 billion during 2021-2025, decelerating at a CAGR of almost 3%.

Key Points: 
  • NEW YORK, Feb. 25, 2021 /PRNewswire/ -- The photovoltaic inverter market is expected to grow by USD 1.48 billion during 2021-2025, decelerating at a CAGR of almost 3%.
  • Similarly, there is a large growth in the solar PV market owing to the increasing need for low-cost clean energy.
  • Owing to the growth of the solar PV market, there will be considerable growth in the global photovoltaic inverter market.
  • "The increasing environmental concerns and growing energy demand will further boost market growth during the forecast period", says a senior analyst at Technavio.

Sistine Solar's Award-Winning SolarSkin™ Technology Used in Flagship Universal Orlando Installation

Thursday, February 25, 2021 - 2:00pm

SOMERVILLE, Mass., Feb. 25, 2021 /PRNewswire-PRWeb/ -- Sistine Solar today announced the use of its award-winning, patented SolarSkin technology in the world's first custom-branded floating solar array at Universal Orlando.

Key Points: 
  • SOMERVILLE, Mass., Feb. 25, 2021 /PRNewswire-PRWeb/ -- Sistine Solar today announced the use of its award-winning, patented SolarSkin technology in the world's first custom-branded floating solar array at Universal Orlando.
  • SolarSkin is a fully customizable graphic overlay that can be imprinted with any artwork and applied to any solar array.
  • As the most efficient aesthetic solar technology in the market, SolarSkin was the perfect fit to achieve the branding and full-color logo that Comcast and Universal Orlando sought," said Senthil Balasubramanian, CEO of Sistine Solar.
  • Its flagship technology, SolarSkin, is a patented aesthetic overlay that transforms the look of any solar array.

Raptor Maps Releases 2021 Global Solar Aerial Inspection Report

Thursday, February 25, 2021 - 11:00am

BOSTON, Feb. 25, 2021 /PRNewswire-PRWeb/ -- Raptor Maps, a leading provider of solar lifecycle management software, released its third annual report on causation and frequency of PV system underperformance.

Key Points: 
  • BOSTON, Feb. 25, 2021 /PRNewswire-PRWeb/ -- Raptor Maps, a leading provider of solar lifecycle management software, released its third annual report on causation and frequency of PV system underperformance.
  • This report leveraged data collected by aerial inspection, a technique specified by owners and operators for commissioning, preventative maintenance, and warranty inspections.
  • Aerial inspection fuses site-specific schematics with thermal and color image data captured under specific conditions by unmanned or manned aircraft.
  • The global report comes on the heels of a BloombergNEF (BNEF) report forecasting up to 209 GW of new solar PV installations in 2021.

Raptor Maps Releases 2021 Global Solar Aerial Inspection Report

Thursday, February 25, 2021 - 10:00am

Raptor Maps, a leading provider of solar lifecycle management software, released its third annual report on causation and frequency of PV system underperformance.

Key Points: 
  • Raptor Maps, a leading provider of solar lifecycle management software, released its third annual report on causation and frequency of PV system underperformance.
  • View the full release here: https://www.businesswire.com/news/home/20210225005260/en/
    Industry network graph illustrating the collaboration between users in the Raptor Maps software on a subset of data.
  • (Photo: Business Wire)
    This report leveraged data collected by aerial inspection, a technique specified by owners and operators for commissioning, preventative maintenance, and warranty inspections.
  • The global report comes on the heels of a BloombergNEF (BNEF) report forecasting up to 209 GW of new solar PV installations in 2021.

India Solar Inverter Market 2020-2026: Market Forecast by Types, System Type, Applications, Power Rating, Regions, and Competitive Landscape - ResearchAndMarkets.com

Wednesday, February 24, 2021 - 10:29am

The "India Solar Inverter Market (2020-2026): Market Forecast by Types, by System Type, by Applications, by Power Rating, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Solar Inverter Market (2020-2026): Market Forecast by Types, by System Type, by Applications, by Power Rating, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
  • The India solar inverter market report comprehensively covers the market by type, system type, power rating, application and region.
  • The India solar inverter market outlook report provides an unbiased and detailed analysis of the India solar inverter market trends, opportunities, high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
  • India Solar Inverter Market Share, By Regions
    India Solar Inverter Market Size and India Solar Inverter Market Forecast, for the Period 2016-2026F
    Historical data of India Solar Inverter Market Revenues, By Types for the Period 2016-2019
    Market Size & Forecast data of India Solar Inverter Market Revenues, By Types until 2026F
    Historical data of India Solar Inverter Market Revenues, By System Types for the Period 2016-2019
    Market Size & Forecast data of India Solar Inverter Market Revenues, By System Types until 2026F
    Historical data of India Solar Inverter Market Revenues, By Applications for the Period 2016-2019
    Market Size and Forecast data of India Solar Inverter Market Revenues, By Applications until 2026F
    Historical data of India Solar Inverter Market Revenues, By Power Rating for the Period 2016-2019
    Market Size and Forecast data of India Solar Inverter Market Revenues, By Power Rating until 2026F
    Historical data of India Solar Inverter Market Revenues, By Region for the Period 2016-2019
    Market Size and Forecast data of India Solar Inverter Market Revenues, By Region until 2026F

$ 4.57 Billion Growth in Global Thin Film Solar PV Modules Market During 2021-2025 | Featuring Key Vendors Including Antec Solar GmbH, Ascent Solar Technologies Inc., and First Solar Inc. | Technavio

Tuesday, February 23, 2021 - 3:30pm

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Technavio announces the release of its latest report on the thin film solar PV modules market.

Key Points: 
  • NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Technavio announces the release of its latest report on the thin film solar PV modules market.
  • Thin film solar PV modules Market: Key Findings
    Thin Film Solar PV Modules Market: Growth Drivers
    The reduced quantity of silicon required for manufacturing is one of the prime factors driving the growth of the market.
  • All these factors are expected to have a positive impact on the growth of the global thin film solar PV modules market during the forecast period.
  • Thin Film Solar PV Modules Market: Major Vendors
    Antec Solar GmbH operates its business through the Unified segment.

Global Solar Power Market Size Expected to Exceed $194 Billion By 2027

Tuesday, February 23, 2021 - 1:45pm

West Coast energy provider Pacific Gas & Electric has committed to making renewable energy, including solar, 55 percent of its power portfolio by 2031.

Key Points: 
  • West Coast energy provider Pacific Gas & Electric has committed to making renewable energy, including solar, 55 percent of its power portfolio by 2031.
  • A report from Fortune Business Insights said projected that the global solar power market size, which was USD 163.70 billion in 2019, is projected to reach USD 194.75 billion by 2027, exhibiting a CAGR of 5.9%.Active solar companies in the market this week include First Solar, Inc. (NASDAQ: FSLR), Green Stream Holdings Inc. (OTCPK: GSFI), SunPower Corp. (NASDAQ: SPWR), SolarEdge Technologies, Inc.(NASDAQ: SEDG), Enphase Energy, Inc.(NASDAQ: ENPH).
  • Another report from Grand View was also optimistic about the submarket for solar panels, saying that: "The global solar PV panels market size was valued at USD 115.2 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2027.
  • Economies of scale installation in these sectors compensate for any loss in panel efficiency, thereby making the solar PV systems profitable for large scale power generation.

Global Solar Power Market Size Expected to Exceed $194 Billion By 2027

Tuesday, February 23, 2021 - 1:45pm

West Coast energy provider Pacific Gas & Electric has committed to making renewable energy, including solar, 55 percent of its power portfolio by 2031.

Key Points: 
  • West Coast energy provider Pacific Gas & Electric has committed to making renewable energy, including solar, 55 percent of its power portfolio by 2031.
  • A report from Fortune Business Insights said projected that the global solar power market size, which was USD 163.70 billion in 2019, is projected to reach USD 194.75 billion by 2027, exhibiting a CAGR of 5.9%.Active solar companies in the market this week include First Solar, Inc. (NASDAQ: FSLR), Green Stream Holdings Inc. (OTCPK: GSFI), SunPower Corp. (NASDAQ: SPWR), SolarEdge Technologies, Inc.(NASDAQ: SEDG), Enphase Energy, Inc.(NASDAQ: ENPH).
  • Another report from Grand View was also optimistic about the submarket for solar panels, saying that: "The global solar PV panels market size was valued at USD 115.2 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2027.
  • Economies of scale installation in these sectors compensate for any loss in panel efficiency, thereby making the solar PV systems profitable for large scale power generation.

Redwire Acquires Deployable Space Systems (DSS), a Leading Supplier of Space Mission-Enabling Deployable Solar Arrays, Structures and Mechanisms

Tuesday, February 23, 2021 - 12:00pm

JACKSONVILLE, Fla., Feb. 23, 2021 /PRNewswire/ --Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Deployable Space Systems, Inc. (DSS), a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications.

Key Points: 
  • JACKSONVILLE, Fla., Feb. 23, 2021 /PRNewswire/ --Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Deployable Space Systems, Inc. (DSS), a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications.
  • Founded in 2008 and headquartered in Goleta, California, DSS is the leading developer and provider of satellite mechanisms, deployable structures and booms and deployable solar array systems to the global space market.
  • The company's key products include deployable solar array systems, deployable structural and mechanical systems and supporting subsystems.
  • Deployable Space Systems (DSS) is a leading provider of satellite mechanisms, deployable structures and booms, and deployable solar array systems to the global space market.

Floating Solar Panels Market Revenue to Reach $2,301.8 Mn by 2026 Says P&S Intelligence

Tuesday, February 23, 2021 - 12:30am

This is proving beneficial for the floating solar panels market, as such PV plants are installed on waterbodies, including lakes, ponds, dam reservoirs, and seas.

Key Points: 
  • This is proving beneficial for the floating solar panels market, as such PV plants are installed on waterbodies, including lakes, ponds, dam reservoirs, and seas.
  • For instance, the Indian government in 2018 announced intentions to create 10 Gigawatts (GW) of electricity from floating PV panels.
  • Browse report overview with detailed TOC on Global Floating Solar Panels Market Research Report: By Type (Stationary, Solar Tracking), Location (Onshore, Offshore), Technology (Photovoltaic, Concentrated Solar Power)- Global Industry Analysis and Demand Forecast to 2026 @ https://www.psmarketresearch.com/market-analysis/floating-solar-panels-m...
    The PV bifurcation has generated the higher revenue in the floating solar panels market till now, under segmentation by technology.
  • The major companies functioning in the global floating solar panels market are JA Solar Technology Co. Ltd., Ciel Et Terre International, Ocean Sun AS, JinkoSolar Holding Co. Ltd., Sungrow Power Supply Co. Ltd., Quant Solar, Sharp Corporation, Topper Floating Solar PV Mounting Manufacturer Co. Ltd., Swimsol GmbH, Tata Power Solar Systems Ltd., and Trina Solar Limited.