BUILDING INTEGRATED PHOTOVOLTAICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In 2023, GAF Energy collaborated with a prominent roofing company to broaden its Building-Integrated Photovoltaics (BIPV) offerings throughout the U.S. This partnership aims to enhance the availability of solar energy solutions in roofing systems, promoting sustainable energy practices across the country.
• In 2023, LG Electronics launched a new line of high-efficiency Building-Integrated Photovoltaic (BIPV) modules specifically designed for commercial buildings. These advanced modules aim to enhance energy generation while seamlessly integrating into building designs, promoting sustainability and energy efficiency in the commercial sector.
• In 2023, Solaria Corporation secured a contract to provide integrated solar solutions for a significant residential project. This agreement underscores Solaria's commitment to delivering innovative solar technology that enhances energy efficiency and sustainability in residential developments.
• In 2023, Wacker Chemie AG expanded its production capacity for solar-grade silicon to address the increasing demand in the market. This expansion reflects the company's commitment to supporting the renewable energy sector and meeting the rising needs for high-quality materials used in solar technology.