Distributed Solar Power Revenues May More Than Triple in Decade

Global revenues from distributed solar photovoltaic power are expected to more than triple in a decade as the technology becomes viable without subsidies, according to the industry analyst firm Navigant Research.

Revenue from the installations, which are typically small-scale and deliver power to areas near the point of generation, is forecast to rise to $151.6 billion in 2024 from $40.6 billion last year, Navigant said in an e-mailed study.