A solar panel is a collection of solar cells. Lots of small solar cells spread over a large area can work together to provide enough power to be useful. The more light that hits a cell the more electricity it produces Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications.A single solar module can produce only a limited amount of power most installations contain multiple modules. A photovoltaic system typically includes a panel or an array of solar modules, an inverter, and sometimes a battery and/or solar tracker and interconnection wiring.
The PV MARKET has been upward trend for years now. The market is expected to continue to grow until 20. The JNNSM (Jawaharlal Nehru National Solar Mission) target of 20 GW of installation by 2022 and also proactive policies from states like Gujarat are the key drivers for the growth of the solar sector in India.
Globally, China dominates the cell and module production and has about 50% MARKET share. In terms of installations, Germany leads the world with close to 50% of installations world over.
In India, there is about 1.4 GW of module manufacturing capacity and this is expected to increase in the future since the solar PV segment is one part of the entire value chain where the barriers to entry is relatively low. As a whole entrepreneurs it is your best investment.
Few Indian major players are as under
· Euro Multivision Ltd.
· H H V Solar Technologies Ltd.
· Hydragen Infrastructures Pvt. Ltd.
· Lanco Solar Pvt. Ltd.
· LaxmiAgroenergy Pvt. Ltd.