Global Distributed Solar Power Generation Market
As solar panel costs have dropped significantly and itsadoption is at an all-time high, the Distributed Solar Power Generation Market seems even more fitting. Distributed generation has already begun to challenge the centralized solar model favored by utilities, with no end in sight.
Distributed solar generation brings lucrative benefits and the adoption ofnew business models is only the first step. With the shift towards small to mid-sized projects, the high cost of diligence and lack of standardization is hamperingthese projects. But governments initiatives in Asia pacific and other regions has come as a great boost to the market. Solar photovoltaic (PV) and wind turbine together accounted for over half the global DEG capacity in 2015. Initiatives undertaken by governments of China, Japan and Germany towards supporting development of solar PV plants is expected to augment industry growth in the near future.
The growth of distributed energy resources (DER) ischanging how electricity is delivered by the grid to End Users and that Distributed solar PV has become a valuable part of the global power generation mix and is forecasted to grow substantially in the coming years. Some of the most progressive utility companies -- Sempra, Duke, PGE, SMUD, Integrys -- are already embracing the change and finding ways to make a profit from generating their own electricity through their unregulated subsidiaries.
Global Distributed Solar Power Generation Industry is growing significantly with emerging and rural communities, along with many other residential and commercial industrial sectors are beginning to shift away from solely purchasing electricity from their local utilities, and beginning to procure a diverse suite of on-site technologies, including solar PV coupled with energy storage. Commercial and industrial sectors (C&I) who are looking to increase their renewable energy levels, or to transition entirely to 100% renewable energy are looking forward to this market. Three broad market segments broadly exists residential, C&I, and remote/off-grid markets.
The Asia Pacific regionis expected to see the largest DG expansion, where annual solar power capacity and revenue is expected to reach high values. A confluence of technical, economic, and regulatory factors is beginning to drive growth in the residential, C&I, and remote, off-grid DG markets. Also coupling battery energy storage technology with solar PV and virtual power plant (VPP) software technology will allow this class of DG to be able to be dispatched from a grid operator standpoint to address intermittency and provide grid services as well.
We now see companies like NextEra acquiring companies like Smart Energies to penetrate the segment recognizing the shift from utility to Distributed Generation.
The report contains comprehensive analysis on:
--> Global Distributed Solar Power Generation Market Segments
--> Global Distributed Solar Power Generation Market Drivers, Restraints and Opportunities
--> Global Distributed Solar Power Generation Market Size & Forecast 2017 to 2022
--> Supply & Demand Value Chain
--> Global Distributed Solar Power Generation Market Current Trends
--> Competition &Major Companies
--> Technology and R&D Status
--> Porters Five Force Analysis
--> Strategic and Critical Success Factor Analysis of Key players
Regional Analysis for Global Distributed Solar Power Generation Market includes
--> North America
>> US and Canada
--> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
--> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
--> Eastern Europe
>> Rest of Eastern Europe
--> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
--> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth Market Segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.
--> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
--> Consumer and Pricing Analysis
--> Market Dynamics of the industry
--> In-depth Market Segmentation
--> Historical and Projected Market Sizing in terms of volume and value
--> Recent market trends and Impact Factors
--> R&D Status and Technology Overview
--> Extensive Industry Structure Coverage
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