The concentrated solar power industry is predicted to witness growth at a CAGR of 10.8% in next 7 years. Increase in government support for the adoption of renewable technologies coupled with rise in energy demand & capability to supply power without CO2 emission drive the growth of the market.
The recently launched large format modules have a direct impact on the balance of system (BOS) installation cost reductions sought after by these members of the PV system value chain.
If automation was as simple as getting a loan, buying the system, and making more money, every business in the country would be automated. Unfortunately, there are some large roadblocks standing between small businesses and complete optimization of their production lines.