According to Stratistics MRC, the Global Bifacial Solar Market is accounted for $11.6 billion in 2023 and is expected to reach $32.1 billion by 2030 growing at a CAGR of 15.6% during the forecast period.
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Bifacial solar panels are intriguing new solar solutions for specific kinds of solar installations because they can absorb sunlight from both their front and back surfaces. Bifacial solar panels can gather solar radiation from both sides, improving performance and increasing the amount of energy produced by the panel. As opposed to traditional monofacial solar modules, bifacial solar can produce electricity from the front as well as the back surfaces of the panels, enhancing energy production.
Some of the key players in Bifacial Solar market include Canadian Solar Inc, Jinkosolar holding CO. Ltd, LG Electronics, LONGi, Lumos Solar, MegaCell, Neo Solar Power, Panasonic, Prism Solar, PVG Solutions, Silfab, SolarWorld, Sunpreme, Trina Solar and Yingli Green Energy.
Cell Types Covered:
• Passivated emitter rear cells
• Heterojunction cells
• Other Cell Types
Frame Types Covered:
• Frameless
• Framed
• Other Frame Types
Types Covered:
• Monocrystalline
• Polycrystalline
• Other Types
End Users Covered:
• Industrial
• Commercial
• Residential
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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