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Solar energy has become, and will continue to be, one of the fastest growing technologies in the global energy industry as a consequence of rising energy prices, volatility of fuel costs, and government incentives for renewable energy. This research service analyzes the global solar power market. Revenue and installed capacity forecasts to 2016 are...

Frost & Sullivan estimates that global solar market revenues will grow between 2014 and 2020 despite the economic uncertainty in the global markets. A number of government sponsored initiatives are expected to boost the proportion of energy coming from 'green sources' and political willingness will also be a key driver of this market. With climate...

The global solar power market has experienced tremendous growth during the last three years as a consequence of increasing government concerns about energy security and independence. In addition, other factors, such as rising energy prices; volatility of fuel costs; and government incentives for renewable energy, have contributed to the acceleratio...

30 Dec 2015  |  Europe  |  Market Research

Turkish Solar Power Market

Small-scale Installments Driving Momentum

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The Turkish solar power market is at an early growth stage, and high future growth is promising. In terms of irradiation rates, solar power in Turkey is expected to grow rapidly in the medium term. Government incentives such as guarantees of purchase and feed-in-tariffs are the main drivers for the market. The government has made efforts to overcom...