Global Solar PV Module Market: Increasing Strategic Alliances Among Players to Lead to Market Consolidation
Photovoltaic devices convert sunlight directly into electricity. The main components of photovoltaic systems are various types of photovoltaic cells. These components are interconnected and encapsulated to form a photovoltaic module, the mounting structure of modules fabricated for grid-connected and off-grid systems. Solar energy is also renewable and provides electrical access that helps countries achieve safe and reliable low-cost energy policy goals, reduces price volatility and promotes socio-economic development. Thus, the decline in the price of solar energy led to the...
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