Industry Analysis & Industry Trends
Demand for construction of utility-scale solar power projects has skyrocketed thanks in large part to substantial government assistance. In addition to heavy demand catapulting revenue upward, falling capital costs have expanded the industry's profit margins. In the next five years, industry revenue growth is expected to slow significantly as a result of a lesser demand for solar power generation on the utility-scale level. Additionally, technological advancements in solar panel construction will lead to a greater supply of low-cost panels, making solar panels more accessible for individual consumers, also lowering demand.... purchase to read more
Industry Report - Industry Products Chapter
Each industry operator typically provides only one type of power plant technology. As a result, products and services are segmented based on power plant technology.
Crystalline silicon solar power plants
Crystalline silicon is the most commonly used photovoltaic (PV) technology and accounts for 51.3% of industry revenue. Crystalline silicon solar panels typically have higher efficiency than thin-film solar cells. From 2009 to 2010, silicon solar panels were more expensive than thin-film panels due to high silicon prices. However, silicon prices have plummeted since 2011, significantly reducing silicon solar panel prices. Consequently, this lowered material costs for solar farm developers... purchase to read more