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Demand for photovoltaic cells to rise

27 June 2008 | News From Around The Web > Cell Processing | Source: purchasing.com
Worldwide investments in the production of photovoltaic (PV) cells will rise dramatically over the next two years because of booming demand for solar energy, according to researcher iSuppli.Global production of PV cells is expected to rise to as much as 12 gigawatts (GW) by 2010, up from 3.5GW in 2007. By 2010, as many as 400 production lines in the world that can produce at least 1 megawatt (MW) of PV cells per year will be in place, representing a four-fold increase from about 90 to 100 production lines in 2007. Factories capable of 1GW of annual PV production also will be established in the future to ensure continued strong delivery of PV cells to the market. Read the full story >>

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