Distributed Solar Power Revenues May More Than Triple in Decade
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Global revenues from distributed solar photovoltaic power are expected to more than triple in a decade as the technology becomes viable without subsidies, according to the industry analyst Navigant Research.
Revenue from the installations, which are typically small-scale and deliver power to areas near the point of generation, is forecast to rise to $151.6 billion in 2024 from $40.6 billion last year, Navigant said in an e-mailed study.