Exploring Growth Opportunities: Size and Share of Commercial Solar PV Inverter
The growing demand for solar power in commercial is expected to stimulate the growth of the Commercial Solar PV Inverters market during the forecast period. According to TechSci Research report, “ Commercial Solar PV Inverter Market - Global Industry Size, Share, Trends, Opportunity and Forecast 2018-2028” , The Global Commercial Solar PV Inverter Market is expected to register CAGR of 4.98%. Governments worldwide are launching various schemes to encourage the use of solar power as a primary energy source which is anticipated to offer lucrative growth opportunities for the Commercial Solar PV Inverters market. According to a statement made by the Ministry of New and Renewable Energy (India) in January 2022, families are free to install rooftop solar panels by any vendor of their choice. A photograph of the installed system for the distribution utility is sufficient to qualify for benefits or subsidies under the government scheme. The Discom will credit the householder's account ...