BANGALORE, India, July 22, 2022 /PRNewswire/ — The Global Solar Energy Market is Segmented by Technology (Photovoltaic Systems and Concentrated Solar Power Systems), by Solar Module (Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, and Others), by Application (Residential, Commercial and Industrial) and End-Use (Electricity Generation, Heating, Charging and Lighting): Global Opportunity Analysis and Industry Forecast, 2019-2026. It is published in Valuates Reports under the Energy & Utilities Category.
Solar The global solar energy market was valued at USD 52.5 Billion in 2018 and is projected to reach USD 223.3 Billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026.
Major Factors Driving the Growth of the Solar Energy Market
Supportive government policies, a growing shift towards alternative sources of energy due to rising environmental…