A Brief Analysis of Photovoltaic Solar Power Industry

We rcently published a research report on the solar power industry with a focus on photovoltaic technologies. The report provides an overview of the photovoltaic (PV) market, covering major PV technologies, recent developments of some of the major players in the industry, and a summary of various government initiatives aimed at helping to accelerate the growth of the sector.

According to the U.S. Department of Energy, the resource potential for PV is effectively unlimited relative to electricity demand. Furthermore, PV can be sited anywhere at any scale, which makes the long term growth potential of PV as a major energy supplier very promising.

With technological breakthroughs constantly on the horizon within the PV industry , the cost gap between generating electricity from burning fossil fuels and generating electricity from PV systems is getting smaller and smaller. We believe that a large portion of tomorrow's clean energy will be provided by these increasingly efficient, high yield solar cells.

"Developing low-cost, renewable energy generation is crucial to meeting our nation's increasing demand for electricity," said U.S. Secretary of Energy, Steven Chu. "By investing in the development of low-cost solar technologies we can create new jobs and pave the way towards a clean-energy future."