MRO Magazine

Frost & Sullivan spotlights solar PVs: webinar


Photo: Frost & Sullivan.

Frost & Sullivan will host a webinar: “$2 Billion of Investment for Solar PV in a Decade—Are We Moving into the Endgame Victory for Renewable Energy?” on June 16 at 10 a.m. EDT.

The briefing will provide an outlook of the solar PV industry and dissect the changing market dynamics expected for the next decade.

According to Frost & Sullivan, solar photovoltaic (PV) is now the leading source of global power generation investment.

In 2020, more dollars were invested in solar PV than coal, gas, and nuclear combined. The decade ahead promises more growth and continued investor opportunities as Frost & Sullivan forecasts a total of $2 billion to be invested through 2030, with half going to utility-scale projects and the rest going to commercial, industrial, and residential PV systems.

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More homes and businesses will arise as prosumers, relying on self-generation for most of their needs, enabled through energy storage systems. This will drive the growth of virtual power plants to aggregate these resources and maintain the integrity of the electricity grid.

Topic will include:

  • Identify the hottest regional markets for solar PV investment through 2030.
  • Examine the expected growth of utility, commercial, and residential PV sectors.
  • Profile new technology innovations predicted to improve solution offerings and drive future growth.
  • Discuss how the value chain will evolve as consolidation and cross-sector partnerships drive further market development.
  • Analyze service propositions evolving to meet the needs of aging assets and greenfield solar farms operating in harsh environmental conditions.

For more information and to register for the webinar, click here.