Welcome to visit Xiamen Kingfeels Energy Technology Co.,Ltd. Official website! Tel:0086-592-2213551 E-Mail:info@kingfeels.com 

logo
Kingfeels

News

>
>
>
Solar Energy Will Be Mainstream By 2020, Says New Report
Check category

Solar Energy Will Be Mainstream By 2020, Says New Report

  • Categories:Industry Trends
  • Author:
  • Origin:
  • Time of issue:2017-12-14 10:39
  • Views:

(Summary description)Solar power is reaching maturity as a global energy source, with solar power systems for both residential and utilities in line to reach grid parity by 2020

Solar Energy Will Be Mainstream By 2020, Says New Report

(Summary description)Solar power is reaching maturity as a global energy source, with solar power systems for both residential and utilities in line to reach grid parity by 2020

  • Categories:Industry Trends
  • Author:
  • Origin:
  • Time of issue:2017-12-14 10:39
  • Views:
Information

1

Solar power is reaching maturity as a global energy source, with solar power systems for both residential and utilities in line to reach grid parity by 2020, at which point the cost of electricity generated by the sun will be the same as that from other sources, according to new research from industry analysts Frost & Sullivan.

“Pro-solar incentives and the recently made pledges at the COP 21 summit will ensure that the market for solar [photovoltaic cells] continues to grow exponentially over the next five years,” said Frost & Sullivan energy and environment research analyst Pritil Gunjan.

Raw material suppliers, solar cell manufacturers, solar module manufacturers, and equipment suppliers and installers are all positioned to benefit, says the report.

According to Science Business, the growth will happen mainly in China, India and Japan, which together will account for more than 80 per cent of all solar installations planned over the next five years.

It will be a less prosperous period for Europe’s solar industry which, “will suffer a setback due to withdrawal of subsidies and incentives,” the analysis says.

Huge overcapacity, coupled with a fall in the price of solar components, will see European suppliers struggling to turn a profit.

By contrast, solar panel manufactures will see strong growth in North America, largely thanks to the extension of investment tax credit eligibility for solar generators until 2019.

Solar panel revenues stood at $113.75 billion in 2015 and will grow to $179.13 billion in 2020.

Scan the QR code to read on your phone

Tel
0086-592-2213551

Online message

关闭
Username used for comment:
客户留言
Description:
YANZHENGMA
这是描述信息

Popular Keywords: Flat Roof Solar Mounting System Supplier,Aluminum Ground Solar Racking Systems Factory Manufacturer

JINFEISHI

Navigation

 

 

Home

 

About us

 

Products

 

News

 

Projects

 

Contact us

Contact us

 

 

Xiamen Kingfeels Energy Technology Co.,Ltd.

 

Add: Unit A01,7th Floor, Rihua Building,No.8,Xinfeng 2nd Road,Huli District,Xiamen,Fujian,China

 

E-Mail:info@kingfeels.com

 

Tel:0086-592-2213551

Search for

 

Please read and search, look forward to your email

搜索
Search

Page Copyright © 2019 Xiamen Kingfeels Energy Technology Co.,Ltd.