August 01, 2022 05:06 ET | Source: Ken Research Ken Research
Gurugram, India, Aug. 01, 2022 (GLOBE NEWSWIRE) --
Net metering and Self-Consumption Policies: The European Solar market is driven by net metering system which uses a discount mechanism to balance annual energy that is delivered and purchased. Growth for solar PV particularly in Denmark, Spain and Italy is pioneered by net-metering. The drastic reduction in FIT and increase in grid parity makes it easier to integrate renewable energy system for net-metering and self-consumption.
To learn more about this study - Request for Free Sample Report
Integrated Market Structure: The presence of a number of highly experienced facilitators ranging from wafers manufacturers, modules manufacturer, project developers to installers provide integrated structure for rapid market growth. High installation facilitators for solar photovoltaic are responsible for creating the fast projects and low installation cost.
Innovative Application Like BIPV and Agri-PV: Innovation is one of the major driver for growth of solar panel in Europe. Applications going beyond rooftop PV such as building-integrated PV and Agri PV can be deployed across all structures and terrains. The agriPV solution by German start-up Next2sun involve vertically ground- mounted solar modules and solar tubes by TubeSolar which produce electricity when set up on farmland while protecting crops from hailstorm.
Analysts at Ken Research in their latest publication “Europe Solar Photovoltaic Panel Market Outlook and Forecast to 2027 - Driven by Favorable Policies to Achieve Carbon Neutrality by 2050 and Integrated Market Structure Enabling Fast Projects: Ken Research” believe that the Solar Photovoltaic Panel market is expected to grow on the basis of net metering and self-consumption policies due to their affordability & flexibility to meet varying needs of different industry users.
Key Segments Covered in Europe Solar Photovoltaic Panel Market:-
Europe Solar Photovoltaic Panel Market By Technology
Europe Solar Photovoltaic Panel Market By Connectivity
Europe Solar Photovoltaic Panel Market By Deployment
Europe Solar Photovoltaic Panel Market By End User Segment
Europe Solar Photovoltaic Panel Market By Geography and Major Countries
To learn more about this study - Request for Free Sample Report
Time Period Captured in the Report:-
Major Solar Photovoltaic Panel Companies in Europe Mentioned in the Report:-
To learn more about this study - Request for Free Sample Report
Notable Emerging Solar Photovoltaic Panel Companies in Europe Mentioned in the Report:-
Key Topics Covered in the Report:-
For more information on the research report, refer to below link:- Europe Solar Photovoltaic Panel Market
Follow Us:- LinkedIn | Facebook | Twitter | YouTube
Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249
The Europe Solar Photovoltaic Panel Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.
The Europe Solar Photovoltaic Panel Market is expected to witness a CAGR of about 19% over the next 5 years.
Net-metering system and favourable government policies are expected to be the primary drivers of this market.
Monocrystalline Silicon is the fastest growing technology segment within the Europe Solar Photovoltaic Panel Market.
Jinko Solar, Canadian Solar, First Solar, Hanwha Corporation, SHARP Corporation, Trina Solar, JA Solar Technology Co., Ltd, Photowatt, Solarwatt, Luxor Solar, Megasol Energy Ltd., and SoliTek are the major companies operating in Europe Solar Photovoltaic Panel Market.