Energy & Green Renewable Technology Market News

New report: The global rooftop solar PV market is expected to grow at a CAGR of 19.2% from 2017 to 2025.

Rooftop solar PVs are advantageous because they reduce land requirement, decrease the dependency on grid power, lower the dependency on diesel generator, and can prove to be long-term reliable power sources.

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A rooftop solar photovoltaic (PV) is a rooftop-mounted electricity generating system from solar energy. In this system, solar panels are mounted on the rooftop of a residential or commercial building or structure.

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The global rooftop solar PV market is segmented based on applications and geography.

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According to applications, the market is categorized into residential and commercial applications.

Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Supportive governmental policies, subsidies, and tax credits are anticipated to increase the demand for rooftop solar PV during the forecast period.
  • Declining battery costs are expected to lead to a rise in the adoption of rooftop solar PVs during the forecast period.
  • Rising adoption of distributed PV technology globally to decrease levelized cost of electricity (LCOE) is expected to fuel the demand for solar PVs during the forecast period.

Restraints:

  • Lack of robust smart grid infrastructure and net metering policies are projected to hamper growth of the rooftop solar PV market.

Market Players:

The top players in the global rooftop solar PV market include Trina Solar Limited, Yingli Green Energy Holding Company Limited, Canadian Solar Inc., Jinko Solar Holding Co., Ltd., SolarWorld AG, SunPower Corporation, Shunfeng International Clean Energy Limited, Hanwha Q CELLS Co Ltd., JA Solar Holdings, Co., Ltd., and Vivint Solar, Inc.

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Key Point from Table of Content

  1. Company profiles
    6.1. Trina Solar Limited
    6.1.1. Overview
    6.1.2. Financials and business segments
    6.1.3. Recent Developments
    6.2. Yingli Green Energy Holding Company Limited
    6.2.1. Overview
    6.2.2. Financials and business segments
    6.2.3. Recent Developments
    6.3. Canadian Solar Inc.
    6.3.1. Overview
    6.3.2. Financials and business segments
    6.3.3. Recent Developments
    6.4. Jinko Solar Holding Co., Ltd.
    6.4.1. Overview
    6.4.2. Financials and business segments
    6.4.3. Recent Developments

MARKET LANDSCAPE

Market Research by Application

  • Residential
  • Commercial

Market Research by Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • Argentina
    • Rest of LAMEA

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