Description

Rising energy prices, the growing dependency of the United States on foreign oil, and environmental concerns have lead to increasing government and public interest in renewable sources of electricity generation. Solar Power technologies can make an extensive contribution to the energy mix of the country, and reduce its dependency on fossil fuels. The present research service analyzed the North American residential solar power market along with revenues and installed capacity forecasts. Supported by identifying the drivers and restraints, as well as challenges, facing this market.