Solar carport charging station market technology and services, The report highlights key drivers, restraints, and opportunities of the global market 2027.
— A report published by Allied Market Research reveals that the global solar carport charging station market is anticipated to grow significantly during the forecast period. The demand for electric vehicles is increasing immensely contributing to the market growth. At the same time, the government bodies are highly encouraging people to shift toward e-vehicle which is further fueling the demand. However, the high cost associated with electric vehicle charging equipment plays a challenge that restricts the market growth to certain extent. Moreover, the advancements in technology and deployment of vehicle-to-grid (V2G) technology certain factors that are expected to introduce multiple opportunities for the market players.
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The government bodies are initiating to introduce various subsidies in order to enhance the adoption of the electric vehicle. In addition, a number of mandate policies are getting introduced to adopt electric vehicles. All these aspects are leading to enhance the development of charging infrastructure all over the world. At the same time, the benefits associated with solar carport charging are further gaining the attraction of numerous industries. Moreover, all these elements are expected to offer exponential growth to the industry in the approaching time.
The solar industry is growing unbelievably across the world with more and more businesses redirecting to solar energy. And, the automotive industry is amongst one of these industries that have massively favored and adopted solar energy. In the past few years, solar energy has become a highly appreciated way of powering electric vehicles. At the same time, there has been an elevation in the evolution of conventional gas stations. Moreover, these aspects can be foreseen to promote the number of solar carport charging stations all across the globe.
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Solar carport charging stations are getting highly admired among numerous industries as it is associated with several additional advantages. For starters, a step towards a solar carport charging station can offer clean renewable energy along with plenty of area for functioning above the existing parking lots or garages. There is more, as it can provide shade and protection to the vehicles from the fundamentals including different weather conditions. Furthermore, the list of benefits also involves the reduced amount of energy bills as well as government subsidies. And ultimately it enhances corporate social responsibility and leads to sustainable development along with transforming the appearance of car parking.
Owing to these advantages, more and more business owners are investing in solar carports to cover parking lots and parking tops and generate energy. This, furthermore, also aims to provide a convenient way to charge electric vehicles for both company as well as employees. On the other hand, the manufacturers in the industry are also initiating to come up with new solutions and improved productivity. The industry players are adopting numerous strategies to expand the market furthermore. Moreover, the market is undergoing a number of activities. So, let’s get to a few of these recent happenings.
The paybacks offered by solar-powered carports have augmented the investments in new projects. Recently, Disneyland Paris, one of the most famous fantasies theme parks and resort have announced to host its new solar carport project which is expected to be accomplished by 2023. The 17MW solar carport project is expected to produce 31 GWh of energy per year. Furthermore, the project is getting developed by Urbasolar, a France-based leading solar photovoltaic specialist. Moreover, the project aims to generate around 17% of the park’s present energy consumption.
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Other than this, a UAE-based leading solar developer Yellow Door Energy has recently had a contract with AI Nabooda Automobiles LLC, a Dubai-based authorized automobiles distributor to develop a solar carport and rooftop solar plant. The 31megawatt-peak solar carport charging station, furthermore, is expected to produce energy equivalent to minimize carbon emission per year. Moreover, the solar carport is coming out to be one of the largest in the UAE.
Solar developments are highly gaining popularity amidst the industrial sectors with an aim to minimize the cost associated with energy and reduce the overall carbon footprint. At the same time, it has become one of the numerous ways to enjoy clean energy without any investment or functioning risk.
People have understood the impacts caused by increasing carbon footprints. And, this is one of the major reasons industries and government bodies are initiating to switch towards clean energy. The demand for electric vehicles is accelerating at a great speed. Manufacturers, on the other hand, are trying every ounce to meet the demand by supplying more and more electric vehicles. Nevertheless, this in turn is also leading to augment the demand for carport charging stations in public areas and offices. Moreover, solar carports can also be constructed to directly power the electric vehicle charging stations.
Name: David Correa
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Organization: Allied Market Research
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