AP NEWS

Global Solar Power Industry 2018-2022 - ResearchAndMarkets.com

December 4, 2018

DUBLIN--(BUSINESS WIRE)--Dec 4, 2018--The “Global Solar Power Industry 2018” report has been added to ResearchAndMarkets.com’s offering.

The year 2017 was a record year for solar power. Dominated primarily by China, the industry installed 98.9 gigawatts of new capacity in 2017. The total global solar power additions in 2017 went up by nearly 30 percent.

While the market still fell short of analysts’ expectations that it will finally reach 100 GW. Nevertheless, the rapidly falling prices of solar power have continued to boost this energy source’s competitiveness as compared to others. This growing competitiveness of solar power is, in fact, one of the biggest factors driving the success story of solar power within the energy sector.

In 2017, China installed 52.8 GW, an increase of over 50 percent again from 2016. In 2016, the US installed around 15 GW of solar power, as compared to only 7.5 GW in 2015. In 2017, the US installed capacity went down slightly to reach 11.8GW. The US market declined by 20 percent from 2016.

It is expected that by the end of 2022, the global solar power capacity would reach 871 GW. It is also expected that Asian markets, especially China, Japan, and India, will account for more than 20 percent of the market by 2022. Europe and North America are also expected to together account for 28 percent by 2022.

Key Topics Covered

A. Executive Summary

B. Solar Power

C. Costs and Advances in Solar Power Technology

D. Effect of Solar Power on Consumer Energy Industry

E. Solar Power and the Global Photovoltaic Industry

F. Marketing and Economizing Solar Power

G. Development and Applications of Renewable Solar Power Systems

H. Using Solar Energy Effectively in Agriculture

I. Research and Development

J. Analyzing the Key Markets for Solar Power

K. Global Market for Concentrated Solar Power

L. Leading Companies

Abengoa Acciona SA Aleo Solar Amonix Andalay Solar Canadian Solar China Sunergy Conergy Cool Earth Solar First Solar GD Solar Global PVQ SE Hareon Solar Technology Company JA Solar Konca Solar Cell LDK Solar Company Neo Solar Power Corporation Photowatt PV Crystalox Solar SMA Solar Technology Solar Turbines Incorporated SolarCity Corporation SolarWorld Spire Solar SunEdison SunPower Corporation Sunrun Suntech Power Holdings Terra Sola Ventures Trina Solar Uni Solar Vivint Solar Xinyi Solar Holdings Yingli Zhejiang Yuhui Solar Energy Source

For more information about this report visit https://www.researchandmarkets.com/research/8nn669/global_solar?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005496/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Solar Power

KEYWORD:

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/04/2018 06:08 AM/DISC: 12/04/2018 06:08 AM

http://www.businesswire.com/news/home/20181204005496/en

AP RADIO
Update hourly