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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...

The solar power market has received considerable attention and investment for over the current years as a consequence of the rising energy demand and climate change problems. The success of solar power now hinges on the performance and successful demonstrations of their technologies, and the availability of federal and states incentives. The presen...

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...