Our Gallery

Our Contacts

27 Division St, New York, NY 10002, USA

iRecco@mail.com energy.IRecco@mail.com

+1 (800) 123 456 789
+1 (800) 321 456 746

Category: Innovation

Read More

Solar Energy Market Projected at USD 223.3 Billion by 2026 – Valuates Reports

Solar energy is harnessed by using various technologies such as photovoltaics (PV), which directly convert light to electricity; concentrating solar power (CSP), which uses heat from the sun (thermal energy) to drive utility-scale, electric turbines; and solar heating and cooling (SHC) systems

The global solar energy market size was valued at USD 52.5 Billion in 2018 and is projected to reach USD 223.3 Billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026

The global Solar energy market is expected to witness rapid growth due to declining costs of solar energy equipment, coupled with increased competitiveness of battery storage.

Get Free Sample: https://reports.valuates.com/request/sample/ALLI-Manu-2X28/Solar_Energy_Market


Factors such as clear federal policies such as solar investment tax credit, rapidly dropping prices, and rising demand for renewable energy in both the private and public sectors is expected to drive the solar energy market size. Furthermore, due to the boom in rooftop installations, the demand for solar cells has gained significant momentum.

The need for parabolic troughs and solar power towers for generating electricity is expected to fuel demand for solar energy market size.

In the last decade, the cost of installing solar has plummeted by more than 70%, allowing the industry to grow into new markets and deploy thousands of systems nationwide. This reduction in cost is expected to increase the solar energy market size.

Increasing environmental issues such as greenhouse gas emissions followed by increasing energy consumption are driving industries towards more efficient and cost-effective energy supplies. Such factors would likely push the development of the solar energy market size during the forecast period.

The COVID-19 pandemic has seriously affected the solar energy market size. While utility-scale solar has not been as heavily impacted, growth projections are now lower than expected, and the virus has created significant uncertainty for projects under development.   

With the production of photovoltaic-based power distribution systems, the competition among manufacturers has greatly increased.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-2X28/solar-energy 


  • The Asia Pacific region is expected to witness the highest growth rate during the forecast period. Emerging economies such as China and Japan have significantly increased solar energy development due to government tariffs and mergers & acquisitions by local manufacturers. Furthermore, the rising population, coupled with increasing non-conventional energy prices, is likely to drive the size of solar energy in the Asia Pacific region.
  • North America holds the largest solar energy market share. This dominance of North America is due to the presence of well-developed infrastructure in the region.
  • Europe has concentrated primarily on optimizing solar capacity.
  • The Middle East and Africa have also gained momentum due to expanded solar energy applications for power generation, agriculture, and architecture.

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA.

Inquire for Regional Data: https://reports.valuates.com/request/regional/ALLI-Manu-2X28/Solar_Energy_Market


By Application

  • Residential
  • Commercial
  • Industrial.

By End-Use

  • Electricity Generation
  • Lighting
  • Heating
  • Charging.

Key Companies

  • Photovoltaic Systems
  • Concentrated Solar Power Systems
  • Parabolic Trough
  • Solar Power Tower
  • Fresnel Reflectors
  • Dish Stirling
  • By Solar Module
  • Monocrystalline
  • Polycrystalline
  • Cadmium Telluride
  • Amorphous Silicon Cells
  • Others.

Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-2X28&lic=single-user 

Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-2X28&lic=enterprise-license 


●  Photovoltaic Market Report

The global photovoltaic market size was valued at USD 53,916.0 Million in 2018 and is projected to reach USD 333,725.1 Million by 2026, growing at a CAGR of 25.1% from 2019 to 2026.

Major factors that are expected to increase the Photovoltaic market size are growing need for renewable energy resources, combined with favorable government regulations. Photovoltaic technology is being used on a commercial scale in solar lamps, parking meters, mobile telephones, garbage compactors, temporary traffic signs, charging stations, and remote guard posts and signals. In the manufacturing sector, photovoltaic energy is used to produce electricity for the smooth functioning of satellites in orbit in the aerospace & defense industry. These factors are further expected to increase the photovoltaic market size.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-0G19/photovoltaic 

●  Concentrated Solar Power Market Report

The global concentrated solar power market size was valued at USD 3,793.0 Million in 2018 and is projected to reach USD 8,046.7 Million by 2026, growing at a CAGR of 10.3% from 2019 to 2026. The MEA region accounted for nearly 21.0% market share in 2018.

Growing government support for implementing sustainable energies coupled with increasing energy demand & ability to produce power without CO2 emissions drives the market growth. In addition, the increase of carbon-based environmental concerns results in an emphasis on reducing air pollution and creating awareness of global warming. These aspects are expected to fuel the growth of Concentrated Solar Power Market size.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-0W20/concentrated-solar-power 

●  Solar PV Tracker Market Report

The global solar tracker market demand was pegged at 25.0 GW in 2018, expanding at a CAGR of 32.0% from 2019 to 2025. 

Increasing energy conservation issues and the transition from non-renewable energy to renewable energy are expected to increase the growth of Solar PV Tracker Market size during the forecast period. Solar tracker uses different electrical components, including actuators, motors, and sensors to align the cells to focus the sunlight and optimize the captured energy.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-24D1095/global-solar-pv-tracker

●  Solar Cells Market Report

Owing to the growing demand for PV systems for industrial, residential, and utility applications, the solar cell market size is expected to see substantial growth over the forecast period. 

The top companies in the solar cell market Sanyo Solar, Kyocera Solar, Sharp, Motech, SunPower, SolarWorld, Canadian Solar, Hanhua, Bosch, Isofoton, REC, Neo Solar Power, Gintech Energy, and E-Ton Solar Tech.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-24Y2606/covid-19-impact-on-solar-cells 

●  Solar PV Market Report

The Solar PV market was valued at USD 44800 Million in 2018 and is projected to reach USD 52200 Million by 2025

China holds the largest Solar PV market share accounting for 50% of the total market in 2015, and is expected to continue its dominance during the forecast period as well. 

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-8126/global-solar-pv 

●  Solar Inverter Market Report

Solar Inverter is widely accepted owing to its property of instantaneous conversion of DC power input to AC current while connected to an on-grid system.

The report includes a country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of production capacity, price, and revenue for the period 2015-2026.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-34Z1035/global-solar-inverter 

●  Solar Micro Inverters Market Report

The residential segment accounted for the major share of the solar power inverter market during 2017. The dominance of this segment is due to the increased demand and sales volume. Our analysts predicted that this segment would continue to lead the market and account for the largest share by 2025.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-14E1289/global-solar-micro-inverters

●  Thin Film Solar Panels Market Report

Major competitors identified in this market include First Solar, Sharp, Solar Frontier, Hanergy, ZSW, Sentech, Station, CivicSolar, KANEKA Solar Energy, SoloPower, Solar-Facts, Flisom, etc.

This report provides a complete quantitative data and qualitative analysis on the global market for Thin Film Solar Panels. Market size is analyzed by country, product type, application, and competitors. 

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2T313/thin-film-solar-panels 

●  Hybrid Solar Wind Energy Storage Market Report

The global Hybrid Solar Wind Energy Storage market size is projected to reach USD 1108.8 Million by 2026, from USD 1045.9 Million in 2020.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-1Z319/hybrid-solar-wind-energy-storage 


Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach out to our sales team to get the complete list of our data source.

Read More

EEP Africa finances Redavia to provide solar energy to enterprises

IRecco has received inquiries seeking clarification of job offers received in unsolicited fashion. These job offers appear to come from organisations falsely pretending to recruit on behalf, or by people…

Read More

Supporting small scale farmers to adopt solar energy

The World Bank Group in its report of 2018 estimates that nearly 600 million people in Sub-Saharan Africa are not connected to national grid electricity and hundreds of millions more live with unreliable connections, plagued by frequent blackouts.The majority of off-grid households are rural small scale farmers who depend on agricultural activities for sustenance and income. With so many unable to power or afford appliances, a full 65 per cent of land in Sub-Saharan Africa is tilled, ploughed, and weeded manually, resulting in globally low farm yields – while over a quarter of the adult population in the region suffers from food insecurity.The report also reveals that electrical appliances, such as irrigation systems and refrigeration, could increase food production and reduce post-harvest losses – but without electricity and adequate financing options, these solutions remain out of reach.

Diesel-powered applications are used by some mid-sized and larger off-grid farms, but these appliances are typically not sized for small-scale farmers and have other drawbacks including high pollution levels and high recurring costs.But with renewable energy that comes from the natural ecosystem, rural small scale farmers can fully benefit from it.
In Kenya, the use of solar energy to generate power by small scale farmers is growing gradually. While it has been widely criticised for being expensive or inefficient, solar energy has now proved to be extremely beneficial to smallholder farmers. Solar energy is being used to pump water from rivers, boreholes, and other water sources.According to the Kenya National Bureau of Statistics survey report of 2019 only 6 per cent  of farmland in Kenya is irrigated, this is partly due to poor access to affordable energy services on farms.The use of solar energy could help small scale farmers harness water for irrigation and domestic uses. Many small scale farmers use solar energy to dry farm produce to achieve the desired moisture content.

There are improved solar drying technologies readily available in Kenya to help small scale farmers effectively and efficiently attain the desired farm to produce moisture content at affordable costs.However, there is limited use of solar energy among small scale farmers in lighting houses at night and powering farm machines.Small scale farmers need to exploit the full potential of solar energy given its advantages over some of the more exploited energy sources. Despite the high initial costs of installation and power storage, solar energy has low maintenance costs and for small scale farmers it turns out to be cheaper in the long term.As a country, we are blessed with adequate sunshine throughout the year to generate enough power that would satisfy power demand for all small scale farmers. Harnessing this power by installing solar panels can make a significant difference in the cost of energy by small scale farmers thus helping them to make more positive net incomes.The various stakeholders who support small scale farmers should help them embrace and invest in solar energy.

The government should put in place appropriate policies to promote investment in renewable energy sources like solar power.Various incentives could be entrenched in such policies to encourage small scale farmers. Financial support mechanisms to support small scale farmers who are investing in renewable energy sources should be developed and implemented.Some of these would include low-interest credit facilities to small scale farmers who are putting an initial investment in solar energy.It is also prudent that the National Government, County Governments, non-governmental organizations, and other players create adequate awareness and knowledge on solar energy and particularly targeting the small scale farmers.On the other hand, small scale farmers at the community level should form co-operatives and community-based organizations to enable them to consolidate funds to invest in solar energy.

Read More

Helping Companies in Their Green Transition

IRecco has received inquiries seeking clarification of job offers received in unsolicited fashion. These job offers appear to come from organisations falsely pretending to recruit on behalf, or by people…