Technavio analysts forecast the global residential solar PV systems market to post a CAGR of nearly 22% during the forecast period, according to their latest market research report. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.Reduced solar PV systems costs is one of the major trends being witnessed in the global residential solar PV systems market 2018-2022. Earlier, high cost and intermittency have affected the adoption of solar energy. The intermittent nature of solar PV energy can be overcome by using energy storage systems, which not only reduces the gap but also increases…
