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Trends in the solar energy market

As the latest trends in the solar energy market gain momentum, the way we harness and use solar energy is being revolutionized.

08.08.2023.
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The solar energy industry has witnessed remarkable growth in recent decades. As the world continues to shift towards cleaner and more sustainable energy sources, several key trends are shaping the future of solar energy.

These trends not only reflect technological advancements but also emphasize the industry's potential to drive global energy transformation.

According to the Intersolar report, the solar energy industry is set to continue its growth in Europe this year, with a 29% increase.

New trends in the solar energy market

Trends in solar energy utilization bring forth innovations that are altering how we produce, use, and manage solar resources.

1. Standardized software solutions

Innovations in the solar energy sector are increasingly focused on streamlining and simplifying the management of solar installations. Standardized software solutions allow for seamless monitoring, control, and optimization of solar systems.

The growing use of smart platforms enables real-time performance tracking, fault detection, and even remote troubleshooting of solar systems.

The result?

Increased efficiency, reduced downtime, and ultimately, higher energy yields for investors.

2. Solar system safety

An ongoing trend is the development of advanced safety tools and protocols that not only protect installers but also ensure system longevity.

From top-notch personal protective equipment to automated safety checks during installation and maintenance, these tools are setting new workplace safety standards in solar energy.

3. Efficient battery solutions

Energy storage is a crucial component in maximizing the benefits of solar energy. Advanced battery solutions can store excess energy generated during peak sunlight hours and release it during periods of low sunlight.

Advances in battery development, design, and scalability are making solar energy a reliable and consistent source of power, even when the sun isn't shining.

4. Powering electric vehicles

The integration of solar energy and electric vehicle (EV) technology is reshaping both the automotive and renewable energy sectors.

Beyond powering homes with solar panels, electric vehicles can also directly charge from renewable energy sources, reducing reliance on conventional fuels and contributing to cleaner and more sustainable transportation.

All that's needed is a charging station for electric vehicles connected to the household solar system. This symbiotic relationship between solar power plants and electric vehicles is a significant step towards sustainable transportation.

5. Community energy

Community energy is a concept where individuals and local communities take an active role in energy production, management, and consumption.

Individuals and organizations set up their own solar power systems on properties like homes, buildings, or commercial spaces. Moreover, citizens can pool resources and knowledge to collectively develop and manage renewable energy sources.

This approach empowers individuals to become self-reliant in energy, reduce dependence on large utility companies, and contribute to lowering greenhouse gas emissions.

The trends in the solar energy sector have prompted local and national authorities to make solar power more accessible. Various incentives and subsidies are available for private and public investors looking to tap into renewable energy.

Although the concept of community energy is represented in European countries, this trend is still insufficiently developed in Croatia.

Innovative solar energy products

Innovative products in solar systems are driving technological breakthroughs, enhancing the efficiency and reliability of solar panels, and opening new possibilities for integrating solar solutions into everyday household and industrial needs.

Leading the way is GoodWe, a global manufacturer of photovoltaic inverters and battery storage solutions, such as the Eco Smart Home solution.

This encompasses comprehensive smart energy systems for households, including hybrid inverters, battery systems, electric vehicle chargers, and a smart energy management app.

As a GoodWe partner, Duplico Solar provides full support from consultations and design to the installation of solar power systems.

Calculate the solar potential of your property using the solar calculator and get an estimate of the cost of your solar power system.