Global Concentrated Photovoltaic Market is projected to witness stable growth by 2023 at a CAGR of over 12% owing to the growing focus on non-conventional sources such as solar energy for power generation for the conservation of non-renewable sources of energy such as fossil fuels. Governments globally are trying to switch to renewable energy sources for power generation and thus have been providing schemes and ... Read more
A concentrated photovoltaic refers to a technology that transforms the sunlight into electrical energy in the same manner as conventional photovoltaic technology. The optical concentrators are used for highlighting the sunlight from a vast area and focusing it directly onto a small area that is covered by PV cells. This aids in the rising intensity of the light reaching the PV cells, and therefore, surges the amount of ... Read more
