Solar Photovoltaic Services Market 2024-2028: Size and Challenges associated with recycling of scrap from solar PV systems; growth driven by the Service, Some of key Companies Positioned Strategically

The solar photovoltaic services market size by Service (Installation services and O and m services) and Geography (APAC, Europe, North America, Middle East and Africa, and South America), is forecast to increase by USD 24325 million. The market is expected to grow at a CAGR of   18.69% between 2024 and 2028.

• The solar photovoltaic (PV) industry has seen significant growth over the past two decades, leading to an increasing volume of solar PV scrap. This includes modules that have reached their end-of-life or have been damaged or broken and can no longer be utilized. According to industry projections, solar PV scrap is expected to grow at a compound annual growth rate (CAGR) of 18.4% from 2016 to 2050. However, there is currently a lack of standardized policies or regulations governing the safe disposal of solar PV waste. Some solar PV modules contain hazardous materials such as cadmium, lead, and other toxic chemicals, which cannot be easily extracted without completely dismantling the solar panel. It is imperative for the industry to address this issue and establish sustainable disposal solutions to mitigate potential environmental and health risks.
• The Solar Photovoltaic (PV) Services Market represents a significant growth opportunity for businesses seeking to reduce their carbon footprint and energy costs. Our team of experts provides comprehensive PV system design, installation, and maintenance services, ensuring optimal system performance and maximum return on investment. Partnering with us enables businesses to leverage the latest solar technology and benefit from government incentives and incentive programs.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• ABB
• Acciona SA
• Amana Contracting and Steel Buildings LLC
• Anesco Ltd.
• Avi Solar Energy Pvt Ltd.
• Canadian Solar Inc.
• ENcome Energy Performance GmbH
• First Solar Inc.
• GCL System Integration Technology Co. Ltd.
• Hanwha Corp.
• JA Solar Technology Co. Ltd.
• Jiangsu Shunfeng Photovoltaic Technology Co. Ltd.
• JinkoSolar Holding Co. Ltd.
• LONGi Green Energy Technology Co. Ltd.
• Risen Energy Co. Ltd.
• RWE AG
• Sharp Corp.
• SunPower Corp.
• Trina Solar Co. Ltd.
• Wuxi Suntech Power Co. Ltd.

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