Distributed Solar Power Generation To Reach $112 Billion In Annual Revenue By 2018 (Report)
Thursday, Aug 01 2013
The revenue earned from distributed solar power sales is expected to hit $112 billion annually by 2018, according to a new report from cleantech market research firm Navigant Research.
“It is a great time for consumers and end users to purchase or lease distributed solar PV systems, as prices continue to fall in the midst of fierce competition and continued consolidation,” says Dexter Gauntlett, research analyst with Navigant Research. “Paradoxically, the impending slowdown in government-funded initiatives will actually benefit the market, as governments retool their FITs to place greater emphasis on onsite generation, opening the door to new business models and creating opportunities for the entire distributed solar value chain.”