RNCOS Research: European Photovoltaic Market- Industry Finds Prospects Ahead
RNCOS Research: (http://www.rncos.com/Report/IM017.htm) As per experts, sustained and secure supply of energy can be anticipated, as the European Photovoltaic Industry Association (EPIA) comes up with a new plan for the installation of PV units.


/Electrical News Articles/ - NEW DELHI, INDIA, May 07, 2006 - RNCOS Research: (http://www.rncos.com/Report/IM017.htm) High-system costs, limited support from government and other utilities and inability to consider photovoltaic better or at par with the conventional sources of energy are a major barrier in the potential growth of the PV industry in developed countries. While PV has already been established as a cost-effective and reliable source of energy in the developing countries, there are various difficulties that need to be tackled in order to provide PV energy to masses.

From time to time, both the government as well as private organizations have been taking on various measures to help the growth of the PV industry. One such effort is the recently announced plan of EPIA. The proposed programs of the EPIA action plan for commercially secure and stable photovoltaic market have instilled enthusiasm amongst the investors and industrialists engaged in the PV industry.

As per a recent market research report named "Photovoltaics - A high potential market opportunity (2005-2010)" published by RNCOS, "Lack of awareness of the potential photovoltaic applications, inadequate technical expertise, improper infrastructure are a few problems that hinder the planning, implementation and support of the PV plans and pose a real challenge before the potential growth of the PV industry".

As per experts, "This program devised by EPIA will facilitate in generating and deploying the PV energy in a cost-effective and efficient manner".

This report offers a clear picture of the photovoltaic industry and its impacts on the European Union. Both current trends and future projections till the year 2010 are covered in this report. Various technologies and strategies adopted by businesses for the production and installation of PV energy are also discussed in this report. It lists the profiles of the key players in this sector. A must read for industrialists as well as investors who wish to venture in the PV industry.


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