Solar Cooling Market Estimated to Record Highest CAGR by 2017-2025
Solar cooling is also known as air-conditioning that utilizes solar power. This can be done through solar thermal energy conversion, photovoltaic conversion, and passive solar building design. Solar cooling provides zero-energy and energy-plus design of buildings. Lighting and air-conditioning accounts for more than 50% of the overall electricity consumption in the industrial sector. Thus, industry needs new solutions to reduce the electricity demand of conventional A/C systems. This would drive the solar cooling market during the forecast period. Increasing demand...
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