Frost & Sullivan: Global Solar Market Continues to Rise and Shine
New analysis from Frost & Sullivan, Global Solar Power Market, finds that the market earned revenues of $59.84 billion in 2013 and estimates this to double to $137.02 billion in 2020.
Increased focus on curbing the emissions of greenhouse gases and other pollutants is fuelling the global solar power market. Coupled with favourable legislation and the need to enhance energy self-sufficiency and security, these factors will help the solar power market grow rapidly. While sale volumes are primarily concentrated in Asia-Pacific, there is a definite upward growth trend across other markets too.
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