Solar Power Equipment Market Enhances the Performance During Forecast 2019-2023


Posted June 7, 2019 by amarsasane

Solar Power Equipment Market 2019 Report analyses the Industry Status, Size, Share, Emerging Trends, Growth Opportunity, Competition landscape and Forecast to 2023.

 
Global Solar Power Equipment Market overview:

Detailed Study on Solar Power Equipment Market is growing at a CAGR during Forecasts year 2023. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

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The Global Solar Power Equipment is an important component of a Solar Energy System. Solar Power Equipment helps to harness the Solar Energy from the Sun, reducing Carbon Emission and reducing or Eliminating Energy bills. All these factors are expected to increase the market attractiveness of Solar Power Equipment in the coming years. Due to rising global Energy concerns, various world organizations are coming up with noteworthy solutions for adopting renewable energy based technologies. Hence, they are now focusing and initiating rigorous steps to control the current Carbon Dioxide emission levels along with monitoring upcoming emission intensity for the same. This can be achieved only by building renewable energy producing sources such as solar power, wind power, and others.

The Global Solar Power Equipment Market is segmented on the basis of Product Type, End Use Industry and Region. On the Basis of Product Type segment, the Solar Power Equipment Market is sub segmented into Solar Panels, Mounting, Racking and Tracking System, Storage System. Based on End Use Industry segment, the Solar Power Equipment Market is sub segmented into Residential, Nonresidential, Utility.

On the basis of regional analysis, APAC and North America are expected to be the potential growth markets for Solar Power Equipment in the coming years. The Global Solar Power Equipment Market is anticipated to grow at a significant pace due to the rising demand from planned and ongoing Solar Power projects across North America and APAC. In addition, attractive initiatives and funding from governments toward clean renewable Energy is expected to have a positive impact on the Solar Power Equipment Market. All these factors are expected to accelerate the overall Solar Power Equipment Market across the world.

Some of the major players that operate in the Global Solar Power Equipment Market are ABB Group, Canadian Solar, First Solar, Hanwha Q CELLS, JA Solar, JinkoSolar, LONGi Solar, Shunfeng International, SunPower Corporation, Trina Solar.

Latest Industry Updates:

1 Canadian Solar:- one of the world's largest solar power companies, today announced that it has signed a module contract with the global solar power company Solarcentury to supply 500 MW modules to Solarcentury's two projects 'Cabrera' (200 MW) and 'Talayuela Solar' (300 MW) in Spain. The construction for the 200 MW Cabrera project is scheduled to begin in the summer of 2019 in Alcalá de Guadaira, the Spanish region of Seville and it is expected to be connected to the grid in 2020. Once operational, the plant will produce enough electricity to power 105,000 households in the region.

The 300 MW Talayuela Solar project is scheduled to start construction later in 2019 in the Extremadura region of Talayuela in Spain and will be connected to the grid in 2020. It is expected to be one of the largest solar power plants in Europe, which will produce enough electricity to meet the needs of more than 150,000 homes. A total of approximately 1.4 million Canadian Solar's high efficiency CS3U-P KuMax Modules will be used for both projects. This 144-cell polycrystalline module is the best solution for these two large-scale projects, as it offers industry-leading cell technology and low power loss in cell connections, which are the key factors for the success of the projects.

2 JinkoSolar:- One of the largest and most innovative solar module manufacturers in the world, today announced that it won the Intersolar Award 2019 in the Photovoltaics category for its Swan bifacial module with transparent backsheet from DuPont. The Intersolar Award is presented annually to companies making a substantial contribution to the success of the industry, honoring technological innovations and groundbreaking solutions using photovoltaic-related technologies.

The Intersolar Award Jury recognized the Company’s Swan bifacial module for its comprehensive performance quality with its Cheetah bifacial half-cut cell technology, as well as novel utilization of transparent backsheet, making it more lightweight than glass-glass modules. With an output of up to 400 W on the front side and up to 20% energy gain from the rear side, the modules are ideal for PV power plants given that they are optimized to ensure a low levelized cost of electricity (LCOE). JinkoSolar also offers a linear 30-year performance warranty, setting a new standard for power output, energy yield, reliability and LCOE.

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Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Table of Contents:

Global Solar Power Equipment Market Report 2019

1 Solar Power Equipment Definition

2 Global Solar Power Equipment Market Major Player Share and Market Overview

3 Major Player Solar Power Equipment Business Introduction

4 Global Solar Power Equipment Market Segmentation (Region Level)

5 Global Solar Power Equipment Market Segmentation (Product Type Level)

6 Global Solar Power Equipment Market Segmentation (Industry Level)

7 Global Solar Power Equipment Market Segmentation (Channel Level)

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Last Updated June 7, 2019