New York , March 21, 2024 (GLOBE NEWSWIRE) — The global conductive inks market size is predicted to grow at a CAGR of over 5% from 2024 to 2036. The market is projected to garner a revenue of USD 6 billion by the end of 2036, up from a revenue of USD 3 billion in the year 2023. It is anticipated that demand for solar energy will keep growing driven by the incentives from the government, and tax breaks on solar panel installation. The globe is steadily moving toward renewable energy sources, and one of the most well-liked options for producing sustainable and clean electricity is solar panels, which are solar energy conversion devices composed of many solar cells that gather solar radiation and transform it into DC (direct current) electricity.According to the International Energy Agency, in 2022, solar PV generation reached about 1 300 TWh, a record 270 TWh (up 26%).

(GlobeNewsWire)