A step towards a solar carport charging station can offer clean renewable energy along with plenty of area for functioning above the existing parking lots or garages. It can provide shade and protection to the vehicles from the fundamentals including different weather conditions. Furthermore, the list of benefits also includes the reduced amount of energy bills as well as government subsidies. And ultimately it enhances corporate social responsibility and leads to sustainable development.
Owing to these advantages, more and more business owners are investing in solar carports to cover parking lots and parking tops and generate energy. This also aims to provide a convenient way to charge electric vehicles for both company as well as employees. On the other hand, the manufacturers in the industry are also trying to come up with new solutions and improved productivity. The industry players are adopting numerous strategies to expand the market further. Moreover, the market is undergoing a number of activities. So, let’s get to a few of these recent happenings.
The paybacks offered by solar-powered carports have augmented the investments in new projects. Recently, Disneyland Paris, one of the most famous theme parks has announced its new solar carport project which is expected to be accomplished by 2023. The 17 MW solar carport project is expected to produce 31 GWh of energy per year. Furthermore, the project is getting developed by Urbasolar, a France-based leading solar photovoltaic specialist. Moreover, the project aims to generate around 17% of the park’s present energy consumption.
A UAE-based leading solar developer Yellow Door Energy has recently inked a contract with AI Nabooda Automobiles LLC, a Dubai-based authorized automobiles distributor to develop a solar carport and rooftop solar plant. The 31 MW-peak solar carport charging station, furthermore, is expected to produce energy equivalent to minimize carbon emission per year. Moreover, the solar carport will be one of the largest in the UAE.
Solar developments are gaining popularity in the industrial sectors with an aim to minimize the cost associated with energy and reduce the overall carbon footprint. At the same time, it has become one of the numerous ways to enjoy clean energy without any investment or functioning risk.
A report published by Allied Market Research reveals that the global solar carport charging station market is anticipated to grow significantly. The demand for electric vehicles is increasing contributing to the market growth. At the same time, the government bodies are encouraging people to shift toward e-vehicle which is further fueling the demand. However, the high cost associated with electric vehicle charging equipment plays a challenge that restricts the market growth to certain extent. Moreover, the advancements in technology and deployment of vehicle-to-grid (V2G) technology certain factors that are expected to introduce multiple opportunities for the market players.
The government bodies are initiating various subsidies in order to enhance the adoption of the electric vehicle. In addition, a number of mandate policies are getting introduced to adopt electric vehicles. All these aspects are leading to enhance the development of charging infrastructure all over the world. At the same time, the benefits associated with solar carport charging are further gaining the attraction of numerous industries. Moreover, all these elements are expected to offer exponential growth to the industry in the approaching time.
About the Author:
Akshita Pacholi is a content writer and researcher at Allied Market Research. She holds a Master’s Degree in English Literature and has a passion for new and developing technologies.