Floating Solar Panels Market Analysis Focusing By Top Key Players are Vikram Solar, KYOCERA Document Solutions America, Inc., Yingli Solar, Ciel & Terre International, Solaris Synergy, Pristine Sun LLC, SPI Energy
On grid floating solar panels market volume could witness a significant growth of over 45% from 2016 to 2024. Development of large utility scale projects coupled with numerous financial incentives and tax benefits offered by the regulators will influence the global business size. Measurers to reduce greenhouse gas emissions have seen a sincere effort from policy makers towards the adoption of sustainable energy.
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Government of China under its 13th five-year plan has set up a target to reduce the existing GHG emission level to 18% by 2020. Regulators of UK has also established numerous frameworks under the country’s climate change act 2008. The country is targeting to curb the GHG emission level to 80% by 2050 from 1990 level.
China is predicted to reach over USD 140 million by 2024. Increasing investments towards the deployment of large scale PV projects will enhance the country’s business landscape. Japan floating solar panels market is anticipated to exceed over 400 MW by 2024. Accessibility with limited resources will significant drive the demand across the country. In 2016 Kyocera Corp of Japan had successfully synchronized the world’s largest floatovoltaics power plant having capacity of 14.5 MW
Global floating solar panels market from stationary accounted for over 90% of the global volume in 2015 on account of numerous cost benefits associated. Growing adoption across various developing countries including Japan will positively impact the industry size over the forecast period.
U.S. floating solar panels market volume share is predicted to grow over 67 % by 2024. Federal government initiatives to encourage the deployment of clean energy technologies will further complement the industry outlook.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Vikram Solar
2. KYOCERA Document Solutions America, Inc.
3. Yingli Solar
4. Ciel & Terre International
5. Solaris Synergy
6. Pristine Sun LLC
7. SPI Energy
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Global Floating Solar Panels Market, By Product
Global Floating Solar Panels Market, By Capacity
• 0.1 – 1 MW
• 1 – 5 MW
• ≥5 MW
Global Floating Solar Panels Market, By Connectivity
• On Grid
• Off Grid
Brazil floating solar panels market share is set to witness momentous growth of over 34% from 2016 to 2024. Government of Brazil is making significant investments to fully utilize the country’s vast river beds which in turn will drive the industry size. In 2016 Brazil, has completed the grid synchronization of the region’s largest floatavoltaic plant of capacity 10 MW.
For Europe, UK floating solar panels market share was valued over 1.12 MW in 2015. Synchronization of Queen Elizabeth II project over Walton-on-Thames has significantly driven the industry growth across the region.
Some Key Players in Floating Solar Panels Market include Solaris Synergy, Vikram Solar, Ciel & Terre International, KYOCERA Document Solutions America, Inc., Pristine Sun LLC, SPI Energy and Yingli Solar.
Browse key industry insights spread across 145 pages with 244 market data tables & 11 figures & charts from the report, Floating Solar Panels Market in detail along with the table of contents:
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