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Hybrid Power Solutions Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2025

The global hybrid power solutions market is expected to grow at a CAGR of more than 15% during the forecast period. The major factors contributing to the growth of the market include the increasing demand for renewable energy sources and rapid industrialization across the globe. As per the International Renewable Energy Agency (IRENA), China’s total operating solar PV capacity reached 175 GW in 2018. By 2020, the target for solar PV capacity is expected to be between 210–270 GW.

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Uploaded on August 28, 2020
Taken on August 26, 2020