A PV (photovoltaic power station)/solar farm comprises of a considerably large scale photovoltaic system that is specifically designed in order to source out merchant power into the electricity grid. Solar power generation machineries play an essential role in the clean and renewable energy as they are the cost-effective among renewable power generation technologies. Photovoltaic stations contain ground mounted pv systems, that are fixed either in a tilted, single or dual axis solar tracker as tracking improves the overall performance of a pv. The PV systems are different from various other decentralized solar power applications and building-mounted as they supply power at the utility level, and not to the local users. The photovoltaic power stations are operated by independent power producers with the involvement of a community- utility and owned projects. They are mostly used in isolated applications such as camping, boating, homes and villages in developing countries, water pumping and communications.
PV Power Station Market: Key Players
The research study includes profiles of leading companies operating in the global PV Power Station market. Key players profiled in the report include: Aquila Capital, Wattner, Enel Green Power, Antin Infrastructure Partners, Grupo T-Solar, Abengoa and Others.
On March, 2019 Aquila Capital secured 700 MW wind power and solar energy projects in Spain: Aquila Capital, an alternate investment company, has reportedly acquired the project rights for renewable energy projects with a total capacity of 700MW in Spain.
Drivers for the Global PV Power Station Market:
Rising demand of renewable energy generation due to its benefits, ultra-thin wafer solar cells, anti-reflection coating, electrochemical solar cells and dye sensitizers and many others are owing to increase the disposable income and are playing a major role in industry expansion.
Opportunities for the Global PV Power Station Market:
Moreover, the installation of solar PV systems on homes, commercial buildings and industrial facilities; real estate property holders also are going to increase the cash flow by condensing the increasing rent, expenditures and expansion in common areas maintenance (CAM) recompenses are positively affecting and transforming the way electricity is generated and consumed globally and is going to further carry the pv power station market.
Restrains for the Global PV Power Station Market:
However, high installation and maintenance costs, solar energy is a little more expensive to produce as compared to conventional sources of energy, energy from the sun is intermittent and unpredictable as it can only get charged/activated using sunlight, long range transmission solar energy is inefficient and difficult to carry. Hence, these factors can majorly hamper the growth of the market.
Region Wise, Global PV Power Station Market Analysis:
Europe held major share in the market because of general economic conditions; government spending on renewable energy sources; and investment in new technologies. Besides, North America and China are having large share in the PV Power Station market.
Global PV Power Station Market: Product analysis
- On-grid PV Power Station
- Off-grid PV Power Station
Global PV Power Station Market: Application analysis
- Life Fields
- Transport Fields
- Oil Fields
Global PV Power Station Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
Proficient Market is the leading research company offering both tactical and strategic support to all our customers. Customer satisfaction is our goal and that is why, we have a team of skilled and experienced specialist with the ability to do data mining, information management, and revenue enhancement solutions to ensure that our clients make informed decisions when coming to investing in the market. Our happiness is when we help our clients grow their business, strengthen the brands and educate their members or consumers through the ever new fun research methods developed by our team.
1st Floor, Harikrishna Building,
Samarth Nagar, New Sanghvi,
Pune- 411027 India
Tel: +91-8149441100 (GMT Office Hours)
Email: [email protected]