(+1) 614-588-8538 Bifacial Solar Panel Market Expected to Grow at a CAGR of 16.2% During the Forecast Period 2020â2025 Increased Government Support Across the Globe Driving the Growth of Bifacial Solar Panel.
BriefingWire.com, 12/21/2020 - Bifacial Solar Panel/Bifacial Solar Module Market is expected to grow from $2.5 billion in 2019 at a CAGR of 16.2% during the forecast period 2020-2025. Growing support from governments of several countries in the form of subsides, incentives, investments and so on are analyzed to drive the market. In addition several advantages of Bifacial Solar Panel over monofacial and increased investments by companies for innovation in this Solar panel is also analyzed to drive the market. In 2020, Maxeon has Launched Fifth-Generation Shingled Bifacial Solar Panels for Global Power Plant Market. Hence these growing support and innovations are analyzed to drive the market in the forecast period 2020-2025.
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