Ground-mounted solar PV systems are solar power installations where photovoltaic panels are installed directly on the ground rather than on rooftops or other structures. These systems are commonly used in large-scale solar farms, commercial projects, and residential areas with ample land availability. Ground mounting allows for flexible design and optimal panel orientation to maximize sunlight exposure, often resulting in higher energy production. Advances in technology, such as high-efficiency and bifacial panels, have improved their performance. Additionally, economies of scale and declining equipment costs make ground-mounted solar a cost-effective solution for generating clean, renewable energy.
Drivers:
The growth of the ground-mounted solar PV market is driven by several key factors. Increasing demand for clean and renewable energy sources worldwide is a major catalyst, as countries seek to reduce carbon emissions and meet sustainability goals. Technological advancements, such as the development of high-efficiency and bifacial solar panels, enhance energy generation and system performance. Government policies, incentives, and subsidies further encourage adoption by lowering upfront costs. Additionally, large-scale installations benefit from economies of scale, reducing overall costs and improving project viability. Growing investments in infrastructure and expanding grid connectivity also support market expansion, making ground-mounted solar an attractive solution for utility and commercial applications.
Challenges:
The ground-mounted solar PV market faces several challenges that can impact its growth. One major issue is the requirement for large land areas, which can lead to land acquisition difficulties and potential conflicts over land use, especially in densely populated or environmentally sensitive regions. Additionally, the initial capital investment for ground-mounted systems can be high, posing financial barriers for some developers. Grid integration and infrastructure limitations can also hinder the efficient transmission of generated power. Furthermore, regulatory hurdles and varying government policies across regions create uncertainty.
Global Market Key Players:
Arctech, Canadian Solar, CsunSolarTech, First Solar, Jinko Solar, JA SOLAR Technology Co., Ltd, SOLTEC, SunPower Corporation, Trina Solar, and Yingli Solar.
Global Ground Mounted Solar PV Market Segmentation:
By Technology: Based on the Technology, Global Ground Mounted Solar PV Market is segmented as; Thin Film, Crystalline solar.
By Product: Based on the Product, Global Ground Mounted Solar PV Market is segmented as; Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon, Copper Indium Gallium Diselenide
By Connectivity: Based on the Connectivity, Global Ground Mounted Solar PV Market is segmented as; On Grid, Off Grid
By End Use: Based on the End Use, Global Ground Mounted Solar PV Market is segmented as; Residential, Commercial & Industrial, Utility
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.