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Residential Photovoltaic Installation-global applications

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Residential Photovoltaic Installation-global applications

In recent years, with the needs of energy saving and emission reduction policies and the increasing awareness of environmental protection among more and more residents, the development of the residential photovoltaic industry worldwide has been spectacular:

In Europe: Germany, as a one of the leading countries in residential photovoltaic industry, has relatively advanced solar photovoltaic technology. According to data from the German Federal Network Agency (Bundesnetzagentur), from January 2020 to August 2020, the installation of residential photovoltaic solar systems below 10kW has increased by 22% compared with the entire year of 2019. For other European countries, the governments also intend to promote the development of the residential photovoltaic industry. For example, the Austrian government has increased the budget for the residential solar subsidy program to 10 million euros, which is double of the previous year. The Romanian Environmental Fund Administration also stated that it will allocate 52.1 million euros to build residential rooftop photovoltaic systems.

Rooftop solar photovoltaic panels in Romania
Rooftop solar photovoltaic panels in Romania

As the continent which has the highest solar radiation per square meter in the world, more than 21% of Australian homes have rooftop solar PV. As of 30th of September 2020, more than 2.56 million rooftop solar systems have been installed across Australia.

In the United States, data from the Energy Information Administration (EIA) shows that the installations in the first seven months of 2020 have increased by 21% over the same period last year, and more than 1.8GW of residential solar systems have been commissioned for power generation. In some areas, residential photovoltaic has been included in the mandatory requirements for building energy efficiency: According to the “2019 Building Energy Efficiency Standards” issued by the State of California, starting from January 1, 2020, all single houses or apartments under three floors built in California must Install residential photovoltaic systems.

Japan: Japan is a major energy consuming country in the world and has been actively developing solar energy for many years. Solar energy technology has become an important part of Japan’s national development policy. Especially with the expiration of the feed-in tariffs (FIT), the competitiveness of residential photovoltaic system has increased significantly.

China: Although residential photovoltaic industry in China started relatively late, in recent years, with the support of policies and the increase in market demand, the installed capacity of residential photovoltaic systems has increased by leaps and bounds. According to the forecast of IEA, by 2024, China will surpass the European Union, the United States and Japan to become the country with the largest residential solar photovoltaic power generation capacity in the world.

Hong Kong: At the end of 2018, Hong Kong introduced a considerable photovoltaic feed-in tariff subsidy program, but its progress was slow due to the inadequate popularity of photovoltaics and the complexity and high requirements of Hong Kong’s photovoltaic systems. Therefore, the residential photovoltaic market in Hong Kong still has great potential. Investors must be familiar with the requirements of Hong Kong’s photovoltaic system regulations and choose reliable components to gain a firm foothold along the wave the residential photovoltaics. Prozparity provides you with one-stop professional household PV design, installation, Feed-in Tariff application services and maintenance, while taking great attention on the structure and conditions of your apartment. To sit back and get green, please contact info@prozparity.com for more information.

IEA's analysis and forecast of global residential photovoltaic installations from 2013 to 2024
IEA’s analysis and forecast of global residential photovoltaic installations from 2013 to 2024

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