Thin Film Solar PV Market Inclinations and Development Status Highlighted During Forecast Period 2022-2031
The market for thin-film solar PV is expected to register a CAGR of 23.02% during the forecast period – Factors, such as low PV module prices and technological advancements made to improve the efficiency of thin-film solar cells, are the major drivers of the market studied. However, as thin-film panels require a larger area than alternative types of solar PV modules, the mere size of the system negatively affects the cost-effectiveness of the thin-film PV module systems, as the panel output losses offset less installation cost due to lower efficiencies.…
Read More