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Solar Energy Market To Reach 237.59 Billion By Year 2030

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Home / Infographics / Solar Energy Market To Reach USD 237.59 Billion By Year 2030

Solar Energy Market To Reach USD 237.59 Billion By Year 2030

Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. Solar energy is defined as the transformation of energy that is present in the sun and is one of the renewable energies. Once the sunlight passes through the earth’s atmosphere, most of it is in the form of visible light and infrared radiation. Plants use it to convert into sugar and starches; this conversion process is known as photosynthesis. Solar cell panels are used to convert this energy into electricity.