𝐏𝐥𝐚𝐬𝐭𝐢𝐜 𝐒𝐨𝐥𝐚𝐫 𝐂𝐞𝐥𝐥: 𝐓𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲!

Plastic solar cell system is used to harness the energy emitted from the sun. It is an efficient renewable energy and mitigates environmental risks that arise from greenhouse gas emissions. Plastic solar cell is a type of photovoltaic that uses organic electronics, a branch of electronics that deals with conductive organic polymers or small organic molecules for light absorption and charge transport to produce electricity from sunlight by the photovoltaic effect.

A plastic solar cell is a device that converts the light energy into electrical energy. Usually light from the sun is used to generate electricity plastic solar cells are built from semiconductors named mono-crystalline or poly-crystalline materials that are needed for higher efficiency. The light energy from the sun is absorbed within the solar cells which excites the electrons and generates electricity. The rise in demand for alternative energy sources has increased the applications of plastic solar cells in various applications such as residential, commercial, and industrial sectors.

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According to a new report published by Allied Market Research, titled, "Plastic Solar Cell Market by Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026", The global plastic solar cell market size was valued at $2.40 million in 2018, and is projected to reach $386.34 million by 2026, growing at a CAGR of 88.0% from 2019 to 2026.

The key plastic solar cell market leaders profiled in the report include Abengoa Solar S.A., Acciona Energia S.A., Applied Materials., Bright Source Energy Inc., eSolar Inc., Gintech Energy Corp., Konarka Technologies., Sunpower Corporation, Canadian Solar Inc., and Tata Power Solar. These key players adopted several strategies such as new product launch and development, acquisition, partnership & collaboration, and business expansion to increase their plastic solar cell market share.