Solar Energy Market Expected to Reach $422 Billion, Globally, by 2022
According to a new report published by Allied Market Research, titled, Solar Energy Market by Technology, Solar Module, Generation and Application: Global Opportunity Analysis and Industry Forecast, 2014-2022", the solar energy market was valued at $86 billion in 2015, and is projected to reach $422 billion by 2022, growing at a CAGR of 24.2% from 2016 to 2022. Based on application, architecture occupied more than two-fifths share in 2015.
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