Distributed Solar Power Generation Market Share, Size, Future Demand, and Emerging Trends By 2030, 6,970.0 TWh of power will be generated from solar PV installations globally, as per the IEA. According to this organization, the solar power capacity of China, the U.S., India, Brazil, Japan, and the EU and the U.K. increased by 48.2 GW, 19.3 GW, 3.9 GW, 1.7 GW, 8.7 GW, and 19.0 GW, respectively, in 2020. It also forecasts that the PV capacity of the residential and commercial sectors will increase by 16 GW and 30 GW, respectively, between 2023 and 2025. For Getting More Insights of This Report:- https://www.psmarketresearch.com/market-analysis/distributed-solar-power-generation-market Additionally, poor grid connectivity in developing and developed nations will also encourage distributed power generation through solar modules. For example, Brazil plans to add 32,000 miles of high voltage transmission lines by 2029, to meet the rising power demand. The soaring power demand can be credited to the booming population of the country. As per the 2022 World Population Review, the population of Brazil will surge from 214 million in 2021 to 223.9 million by 2030. Currently, the distributed solar power generation market is dominated by Canadian Solar Inc., First Solar Inc., JinkoSolar Holding Co. Ltd., KACO new energy GmbH, Shenzhen Yingli New Energy Resources Co. Ltd., and SunPower Corp. Solar modules offered by these companies are used by the residential, commercial, and industrial sectors. In the coming years, the commercial sector will emerge as one of the prominent users of solar modules due to the increasing installation of solar panels in academic institutions, shopping complexes, schools, and other commercial structures. Thus, the rising government focus on the adoption of renewable energy and poor grid connectivity in developing countries will encourage distributed power generation through solar modules.