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Global Floating Solar Panels Market to Reach 4.8 Thousand

Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. . ....

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Floating Solar Panels Market Revenue to Reach $2,301.8 Mn by 2026 Says P&S Intelligence

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NEW YORK, Feb. 23, 2021 /PRNewswire/ Government efforts to curb the release of harmful gases into the atmosphere are expected to propel the global floating solar panels market to $2,301.8 million by 2026, from $685.2 million in 2019, according to the market research study published by P&S Intelligence. In countries around the world, stringent environmental regulations are in place and tax rebates and other financial incentives are being offered to promote clean energy. Though solar energy is one of the best alternatives to creating electricity from fossil fuels, the requirement for large areas for the installation of photovoltaic (PV) panels discourages many from adopting it. ....

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P&S Intelligence: floating solar market set to grow

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Government efforts to curb the release of harmful gases into the atmosphere are expected to propel the global floating solar panels market to US$2301.8 million by 2026, from US$685.2 million in 2019, according to the market research study published by P&S Intelligence.
In countries around the world, stringent environmental regulations are in place and tax rebates and other financial incentives are being offered to promote clean energy. Though solar energy is one of the best alternatives to creating electricity from fossil fuels, the requirement for large areas for the installation of photovoltaic (PV) panels discourages many from adopting it.
This is proving beneficial for the floating solar panels market, as such PV plants are installed on waterbodies, including lakes, ponds, dam reservoirs, and seas. This leaves the land free for other purposes, such as agriculture or construction, which is why governments are now rapidly installing PV panels on water. ....

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