Understanding Photovoltaics and the Market Forces Behind Them

Forecasted demand in energy is expected to double through 2030 and could outstrip supply. Furthermore, with increasing energy prices in history, advancements in “clean/green technologies” is creating a wave of opportunity. The last 2 to 3 decades of improvement have made alternative energies more attractive and less expensive. Solar industry is the fastest growing segment in the alternative energy sector where global resources are plentiful. The market and the technology of the solar industry is discussed in this application note.