Solar PV Subsidies and Market Growth Potential

Nov. 30, 2010 - PRLog -- Phoenix, AZ, – As the global demand for solar power continues to grow and costs decrease, the highly-subsidized solar photovoltaic market will present opportunities for entrepreneurs, according to a “Solar Photovoltaic Market Potential” report.

In an effort to take a role in promoting solar photovoltaic energy, the White House is installing solar panels and a solar hot water heater at the White House. Says U.S. Energy Secretary Steven Chu , “This project reflects President Obama’s strong commitment to U.S. leadership in solar energy and the jobs it will create here at home.  

The Solar Photovoltaic Market Potential report from EnergyBusinessReports.com details the applications of solar technology, ranging from small-scale do-it-yourself systems, to institutional and municipal electrification projects. The report also provides details on technological progress , regulatory framework, global market growth, and solar photovoltaic industry investment opportunities.

The domestic market for photovoltaic cells and modules has undergone consistent, dramatic growth, growing from 21,201 shipments in 1999, to 524,252 in 2008.  Solar company start-ups continue to flourish and bring employment opportunities. In the early years of the industry in 1999, only 19 companies were active, but this number has quickly grown to 66 companies in 2008.

The detailed report provides an in-depth understanding and market research necessary for companies exploring investments in this dynamic and growing marketplace.

View full details of the Solar Photovoltaic Market Potential report at:

http://EnergyBusinessReports.com/shop/Solar-Photovoltaic-...

# # #

Energy Business Reports publishes cutting-edge business research and analysis reports in the global energy industry including power, oil and gas, and renewables markets.