Photovoltaics industry to produce 12GW by 2010, says iSuppli - 23 June 2008
Evergreen Solar gains follow-on order with groSolar - 24 June 2008
Ascent Solar mulls faster capacity ramp in 2009; evaluates overseas production - 02 July 2008
FPL plans 110MW of solar power plants in Florida - 26 June 2008
Global thin film production output to reach 3.5GW in 2010 - 27 June 2008
U.S. BLM backtracks on solar farm applications - 04 July 2008
Martin Hermann named as Chief Strategic Officer for Advent Solar - 04 July 2008
AT&S to collaborate with Solland Solar on solar cell applications - 03 July 2008
Yingli enters 10MW module supply agreement with Enfinity - 03 July 2008
Hybrid solar cell researchers order sputtering tool from Surrey NanoSystems - 03 July 2008
According to a new research report from BCC Research Analysis, the
global photovoltaics market is projected to be worth $32.3 billion by
2012, resulting in a compound average annual growth rate (CAGR) of
14.9%.
The market research firm said that 89 percent of the current PV market
in 2007 was silicon-based and would slowly decline to 79 percent of the
market by 2013, while multicrystalline silicon will grow at a rate of
285 percent through 2013.
Thin film technologies are expected to
grow 45 percent per annum through 2013 and held 10 percent of the
market in 2007, according to BCC Research. Thin films will account for
almost 19% of the PV market by the end of our forecast period.
Nanostructured
thin films and silicon and dye-sensitized solar cells will also see a
pick-up, growing 34 percent rate to reach 19.2MW by the end of 2008,
and will then exhibit 50 percent annual growth to achieve 145.7MW by
2013.
Global shipments of PV cells/modules reached 2,875.1MW in
2007, according to the market research firm. These are projected to
have a CAGR of 30 percent to reach 13,724.4MW by 2013.
