Global Solar Photovoltaic Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 17.4% - ResearchAndMarkets.com
YINGLI GREEN ENERGY (YGE)
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)-- The "Solar Photovoltaic - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering. The global solar photovoltaic (PV) installations market size was valued at $131,818 million in 2016, and is anticipated to grow at a CAGR of 17.4% to reach $393,594 million during 2017 to 2023. Solar energy is an upcoming form of renewable energy with numerous economic and environmental benefits that make it an attractive complement to, in comparison with traditional forms of electricity generation. Moreover, in recent years the price of PV solar power systems and total cost of installing PV systems, has declined to the levels, which are competitive with the wholesale price of electricity in many markets. The sudden decline of prices in recent years opens new possibilities to develop PV systems in some locat
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