Tuesday 15 May 2018, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the global grid connected PV systems market: Canadian Solar, Hanwha Group, Huawei Technologies, JA SOLAR, JinkoSolar, and Trina Solar.
Commenting on the report, an analyst said: “One trend in the market is technological advances in residential solar PV panels. The rapid technological advancements in residential solar PV panels to be one of the key trends driving the growth of the grid-connected PV systems market. The growing need for clean and renewable energy is driving the popularity of solar energy.”
According to the report, one driver in the market is advantages associated with grid-connected PV systems. Solar PV systems installed at home are connected to home appliances, meters, and the grid. Residential consumers opt for grid connections over off-grid connections as they are capable of functioning without batteries and other standalone equipment.
Further, the report states that one challenge in the market is emergence of microgrids. Microgrids are used where grid-connected power is not accessible, or availability is limited. Microgrids can function autonomously or operate parallelly with conventional grids.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
ASDReports.com contact: S. Koomen
ASDReports.com / ASDMedia BV - Veemkade 356 - 1019HD Amsterdam - The Netherlands
P : +31(0)20 486 1286 - F : +31(0)20 486 0216
back to News
