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Global Market Outlook for Solar Energy - Industry Segment and Forecast Till 2020

  • Date Submitted: 04/05/2015 11:57 PM
  • Flesch-Kincaid Score: 27.8 
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Ever increasing demand for electricity coupled with government policies promoting the use of renewable source of energy can have the positive impact on the global solar energy market. Being abundant in nature the solar energy acts as a long-lasting and clean energy source of energy that can prove an effective alternative to the current non renewable sources such as coal, oil and gas. Today, the solar energy emitted from the sun can be harnessed using the technologies such as solar photovoltaics, solar heating, solar thermal electricity and artificial photosynthesis. Government support in the form of tax benefits and subsidies can further lead to the growth of the solar energy market in the near future. The growth of the solar industry especially in the developing economies such as China and India has opened new avenues for the solar energy market. Rapid industrialization coupled with lack of fossil fuel reserves (Oil and Gas) in countries such as India and Japan can create a surge in the demand for the solar energy harnessing devices in these countries. Get Free Sample Report :- http://www.transparencymarketresearch.com/solar-energy-market.html The solar energy market can be segmented on the basis of technology used for the purpose of capturing and harnessing the solar energy, applications, end user industry and geography. Solar energy can be harnessed using the technologies such as solar photovoltaics, solar heating,...

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