Energy Harvesting Trees Market Top key Player All over the World - Creative Smart Innovations, Lucid Management Group,Green World Investor.

Market Highlights

Solar energy is easily available in a very large amount. Solar tree is more efficient and much better than the traditional solar PV system. As compared to the traditional system, energy harvesting plant generates maximum amount of energy by involving minimum land usage. Solar panels are eco-friendly in nature and are considered one of the green electricity resources, because they are operated by interacting with a renewable energy resource such as sunlight and wind. Whereas, installation of large solar trees requires expensive manufacturing and its high installation & maintenance costs act as a major barrier for the growth of the market.

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The prominent players in the energy harvesting trees market are Solar Botanic, Creative Smart Innovations, Lucid Management Group, Green World Investor, Envision Solar, Spotlight Solar and Others.

KEY PLAYERS:

The key players in global energy harvesting trees market are Solar Botanic, Creative Smart Innovations, Lucid Management Group, Green World Investor, Envision Solar, Spotlight Solar and Others.

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Market Analysis:

The global energy harvesting trees market is expected to grow at CAGR of approximately 12.02% during the forecast period. It is value-creating initiative towards environmental and energy sustainability contribution. The availability of types and designs of solar panels, less requirement of land, and the eco-friendly nature, are some of the factors driving the market of Energy harvesting trees. For instance, one solar power tree has an energy-producing capacity of approximately 5 kilowatts and uses four square feet of land, which is lower than conventional solar collectors with the same output. The solar power tree has a capacity to generate 5 KW with a battery backup for 2 hours when under full load. It has a water sprinkler at the top for self-cleaning of panels.

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