Global solar panels market on 15.3% growth track


Image: By BiztechAfrica
Global solar panels market on 15.3% growth track

Analysts at Infiniti Research forecast that the global solar panels market  is estimated to grow at a CAGR of 15.3% over the period 2011-2015.

One of the key factors contributing to this market growth is functional and technological advancement. The Global Solar Panels market has also been witnessing the entry of new competitors with competitive advantages. However, the seasonal fluctuation of solar power availability could pose a challenge to the growth of this market.

According to a report titled Global Solar Panels Market 2011-2015, the progression of technology in the solar photovoltaic (PV) industry is driving the growth of the Global Solar Panels market.

Commenting on the report, an analyst from Infiniti said: "The increase in R&D was another major prevailing trend in the global solar panels market. In addition to reduction in policies, there were also favourable policies and procedures that existed for boosting the global solar panels market."

Share the News

Get Daily Newsletter

comments powered by Disqus


MTN Ghana takes Best HR award

MTN has been adjudged the Overall Best Organization in Human Resource (HR) Practice in Ghana for the second time in a row at the recent HR Focus Awards. Read More

Dell EMC acquisition to create ‘mega-tech’ company

Dell Inc. has agreed to acquire network storage giant EMC Corp. for approximately $67 billion. Read More

GTBank to empower Nigerian SMEs

Guaranty Trust Bank plc has partnered with Agence Française de Développement to launch a N3 Billion initiative to boost financing for business start-ups and development projects in Nigeria.  Read More

Beachhead Solutions introduces channel programme for emerging markets

Beachhead's high-ROI reseller programme is now available in MEA and India. Read More

Barclays Africa launches Rise

A new global start-up community has been launched to pioneer financial services and unlock Africa’s potential. Read More

JUA Energy enters Nigeria after success in Kenya

After successfully entering the Kenyan market in April 2014, solar-powered systems and technological electronic accessories manufacturer brand J​UA​ energy has launched in Nigeria to sell through e-tailer Jumia. Read More

Fundamo founder joins Nomanini’s advisory board

Fundamo founder Hannes Van Rensburg, generally considered the father of mobile payments, has joined the advisory board of Nomanini, a South African-based, enterprise technology transactions platform provider. Read More

Airtel sponsors Indo-Africa ICT Expo 2015

Airtel is sponsoring the Indo-Africa ICT Expo 2015 being held at the Kenyatta International Conference Centre (KICC) now underway in Nairobi. Read More

MTN acquires Smart Village to enhance its foothold in the fibre network space

MTN has concluded a deal with MultiChoice to acquire Smart Village, which will accelerate the mobile operator’s fibre to the home (FTTH) strategy to be the provider of choice for high speed fibre network across South Africa. Read More

Agilitude opens East African office on the back of mobility and cloud growth

Tejpal Bedi Salesforce reseller and Consulting Partner Agilitude has announced that is has opened an office in Kenya, making East Africa its next target for growth.  Read More


Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika


Connectivity critical for Nigeria's ICT sector, says SES chiefConnectivity critical for Nigeria's ICT sector, says SES chief

Connectivity is vital for any country to fully optimise the huge potential of cyberspace, SES Sales Manager for West Africa Joy Nma Emenike tells Kokumo Goodie.


High tech homes: Just press playHigh tech homes: Just press play

High tech, digital homes where everything is automated and connected aren’t the stuff of science fiction any longer, says BNC Technology.