The Solar Power Generation Technologies Market Outlook
The Solar Power Generation Technologies Market Outlook: Market overview, photovoltaic and concentrating solar power technologies, capacity, generation, legislation, and the future outlook
Solar energy holds high potential for utility-scale power generation. It is estimated that solar energy received by the earth in a year, has the potential to provide 1,000 times of total annual world energy consumption, though it contributes only 0.02% of world’s total power, as the technology continues to be predominantly unexplored. Solar power generation technologies can primarily be segregated into two categories. The first is direct solar technologies (also called solar cell or solar photovoltaic) which generate electricity directly from the sunlight. The second are indirect technologies (also called concentrated solar power technologies) which use the heat of the sunlight to generate electricity.
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