Energy & Power Industry Reports Solar PV Market Applications | Page 2

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Countries like Germany, France, and Spain, among others led to Europe hosting the largest capacity of Solar PV
i.e. more than 68GW, in 2012. However, in future, most demand will be generated from rapidly developing Asia
Pacific markets like China, India, Taiwan, etc. China, with factors like low raw material co sts and supportive
regulations will experience exponential growth at CAGR of more than 34.5% from 2013 to 2020. Lower than
expected development of Solar PV in high-potential nations like Brazil and Chile in Latin America and Saudi
Arabia in the Middle East may hinder market growth.
Key operators in the global Solar PV industry are Yingli Green Energy from China and First Solar from US. Other
notable participants are Trina Solar, Sharp, REC, etc.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/energy-and-
power-industry
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