The Challenges facing the Solar Energy market
The global solar energy market is growing at a 20.5% CAGR and is projected to be $223.3 billion by 2026. Due to this huge demand, technology involved in solar energy has been continually advancing. As a result, solar energy has turned into a notably efficient resource for clean energy for residential and commercial buildings, as well as industrial manufacturing applications.
The solar energy market is not one size fits all. It comprises different technologies and applications. The two major segments are photovoltaic (PV) and concentrated solar power systems. Today, photovoltaics (PV) is the most recognized method of harnessing solar energy. Photovoltaic arrays usually involve solar panels — a collection of dozens of solar cells or even hundreds.
Regardless of how the electricity from solar energy is generated, it needs to be safely managed. This is where c3controls can help.
How c3controls can help Solar Energy equipment suppliers
With over 15 million electrical control products available for fast shipping, a 90 day money-back guarantee, and a lifetime warranty, c3controls can be an asset to help you capitalize on the multi-billion dollar investments in Solar Energy.