In 2018, even early forecasts of solar power plants were even better. Although a year ago, it was assumed that 2017 and 2018 would be a decline in solar energy since the United States and China have halted massive subsidy of solar projects and adapted their solar energy policy. Instead, this year the industry will be a record and it can be better.

According to the Bloomberg New Energy Finance (BNEF) quarter forecast, Global PV Market Outlook will build from 94 ԳW to 111 GHz solar panels in 2018, and in 2019 from 107 GW to 121 GW. The future of solar energy is still striking in the whole world. As the solar energy becomes economically more favorable choice for energy production, the building owners and landlords consider it the best option. And such countries as China, India and Mexico, consider this a path of economic development. Over the years manufacturers have increased their solar power capacity and they are faster than demand can be provided, which is a major factor in reducing the cost of solar panels.

Source: here.