By 2010, demand for photovoltaic modules is expected to more than triple from 2005 levels to 531 megawatts
April 27, 2007 (Press Release) --
Solar Energy Products forecasts to 2010 & 2015
US demand to more than triple from 2005 to 2010 due to falling price of solar power
By 2010, demand for photovoltaic modules is expected to more than triple from 2005 levels to 531 megawatts. Advances will be driven by the falling price of solar power, which will stem from technological innovations, growing economies of scale and a rising level of government tax incentives and rebates at both the state and federal levels. Gains will also be spurred by consumer interest in renewable energy sources and concern about the volatility of oil and other conventional energy prices and supplies. In the near term, advances will be slowed by a shortage of solar-grade silicon, a key material for the most widely used photovoltaic technology. However, this problem is likely to fade by 2010 as silicon producers complete planned expansions and as newer photovoltaic technologies that use little or no silicon become more widely used.
Thin films to lead growth in photovoltaic cells
US shipments of photovoltaic cells were dominated by crystalline silicon versions that accounted for 76 percent of volume shipments in 2005. Going forward, thin films (e.g., amorphous silicon, cadmium telluride, gallium arsenide, and copper, indium, gallium and diselenide types) will post far more dramatic growth, advancing to more than eleven times their 2005 level by 2010 as a growing number of manufacturers switch from pilot to large-scale production. Advances will be driven by the cost advantages involved in using little or no silicon. Gains will also be driven by the ability to use these materials in building integrated photovoltaic applications within roofing shingles, curtain wall and others. In 2005, the key market for photovoltaic modules (which are composed of a series of cells installed on a substrate) was power generation, accounting for 85 percent of demand. Within that category, on-grid installations accounted for the largest share of demand stemming from net metering programs implemented with state governments and local utilities, and a simpler total system which, unlike offgrid systems, does not require batteries and supplemental generators for power after dark. Other applications include manufactured goods, communications equipment, transportation equipment and water systems.
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You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
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Solar Energy Products forecasts to 2010 & 2015
US demand to more than triple from 2005 to 2010 due to falling price of solar power
By 2010, demand for photovoltaic modules is expected to more than triple from 2005 levels to 531 megawatts. Advances will be driven by the falling price of solar power, which will stem from technological innovations, growing economies of scale and a rising level of government tax incentives and rebates at both the state and federal levels. Gains will also be spurred by consumer interest in renewable energy sources and concern about the volatility of oil and other conventional energy prices and supplies. In the near term, advances will be slowed by a shortage of solar-grade silicon, a key material for the most widely used photovoltaic technology. However, this problem is likely to fade by 2010 as silicon producers complete planned expansions and as newer photovoltaic technologies that use little or no silicon become more widely used.
Thin films to lead growth in photovoltaic cells
US shipments of photovoltaic cells were dominated by crystalline silicon versions that accounted for 76 percent of volume shipments in 2005. Going forward, thin films (e.g., amorphous silicon, cadmium telluride, gallium arsenide, and copper, indium, gallium and diselenide types) will post far more dramatic growth, advancing to more than eleven times their 2005 level by 2010 as a growing number of manufacturers switch from pilot to large-scale production. Advances will be driven by the cost advantages involved in using little or no silicon. Gains will also be driven by the ability to use these materials in building integrated photovoltaic applications within roofing shingles, curtain wall and others. In 2005, the key market for photovoltaic modules (which are composed of a series of cells installed on a substrate) was power generation, accounting for 85 percent of demand. Within that category, on-grid installations accounted for the largest share of demand stemming from net metering programs implemented with state governments and local utilities, and a simpler total system which, unlike offgrid systems, does not require batteries and supplemental generators for power after dark. Other applications include manufactured goods, communications equipment, transportation equipment and water systems.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=26477
or email us at : info@bharatbook.com
You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
For searching our huge collection of reports, Please visit :
http://www.bharatbook.com/general/customresearch.asp
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