Government Incentives for Solar Power Generation: News Flash 20/09/11

Solar energy is proving an attractive option for a number of reasons. Compared with other renewable energy sources (e.g., wind, tidal) solar power generation does not require massive installations to produce energy. Sunlight is also in plentiful supply and is more consistent in terms of availability, while solar cells and modules can be easily deployed to supply isolated regions or where accessibility is restricted.

Europe’s dominance in the solar cell market in attributed to the government backing of the technology, which includes feed-in tariffs and subsidies. France, Germany and Italy still enjoy strong support, although the Spanish debt crisis forced the country’s government to limit financial backing. There is concern over the longevity of governmental support, which may restrain demand for solar cells and modules.

The 533 page, August 2011 publication presents a comprehensive overview of the solar cells and modules market, including historical and forecast statistical data spanning the period 1990-2017. The industry is examined at length, with discussion of the competitive landscape, industry participants and their products/technologies, market barriers/drivers, trends, prospects, end users, legislation and regulatory matters, amongst many other influencing factors.

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Posted in Solar Industry News

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