| Report Code: A02805 | Pages: NA | Nov 2022 | 7318 Views | ||
| Author(s) : NA | Tables: NA | Charts: NA |
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Request Now !Petrol pumps are often installed and commissioned in the outskirts of main cities where power cuts are common. These pumps usually consume high electricity as they have to function for 24 hours. Most petrol pumps are often based on diesel generators, which are expensive and do not provide instant backup. Solar power provide a cost effective and economic solution to meet the daily power needs of any petrol pump by providing solar electricity for a longer period of time and avoiding the damage of dispensing units at petrol pumps, which might occur due to sudden power failure. Moreover, deployment of solar panels at petrol pumps solves the problem of load shedding in addition to more savings on electricity bills. .
Sufficiency of solar power to produce electricity to power fuel guns and various other office equipment in extreme remotely located petrol pumps, where power supply is available for few hours or not available; and increased investments in solar energy coupled with subsidy on solar installation drive the market growth. Furthermore, use of grid tie solar systems as an efficient alternative to batteries, resulting in space- and cost saving, zero gas and residue emission leading to reduction of carbon footprint supplement the market growth. However, issues related with grid congestion and the quality of solar panels is making people overcautious over the setup of new panels, which is projected to impede the market growth.
The report segments the market on the basis of installation type, technology, grid type, and geography. Based on installation type, it is divided into ground mounted, rooftop, and canopy. The technology segment includes thin film and crystalline. On the basis of grid type, the market is bifurcated into off-grid and on-grid. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the key players in the global market include:
Key Benefits
Solar Power in Petrol Pump Market Report Highlights
| Aspects | Details |
|---|---|
| By Installation Type |
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| By Technology |
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| By Grid Type |
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| By Region |
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| Key Market Players | Su-Kam Solar, Kinara Power Systems, Solkar Solar Industry, Reylon Solar, Suntech Power Holding Co. Ltd., Sun Power Corporation, First Solar Inc. |
| Other Key Market Players | Yingli Green Energy Holding Co. Ltd., Canadian Solar Inc., Solar World Ag |
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