Solar glass temperature impact price

Will declining solar PV glass prices bolster global market growth?

The global solar PV glass market is characterized by several key trends that are expected to play an important role in the coming years. Declining solar PV glass prices are presumed to bolster the global market growth over the forecast period.

What is the global solar PV glass market size?

The global solar PV glass market size was valued at USD 3.23 billion in 2016. The growing emphasis on the adoption of clean energy sources is likely to be the key driver for the market growth in the coming years. Clean & renewable energy is an affordable alternative to fossil fuel-based electricity.

Why is the solar PV glass market growing?

Government rules that are favorable to the development of solar PV plants is one of the factors driving the growth of the solar PV glass market. Additionally, the market for solar PV glass is growing due to the surge in demand for solar systems on a residential, commercial, and utility scale.

How will solar quotas affect the glass industry?

Indonesia’s phased rooftop quotas aim for 5.75 GW capacity by 2028, while Israel now requires solar panels on all new roofs, lifting residential glass demand by 15-20% annually. The cumulative effect secures baseline offtake, lowering investment risk for greenfield and brownfield expansions across the solar photovoltaic glass market.