Your daily dose of Photovoltaic Technology Developments and Solar News
Thin film could reach 40 percent of the photovoltaic market by 2012, says Prometheus Institute
Popular articles
Polysilicon pricing to begin ‘precipitous plunge’ in 2009, says iSuppli report - 12 November 2008
The end of the road for San Diego Gas & Electric’s 900MW renewable energy project? - 07 November 2008
Photonic convergence: Earnings season, China PV heebee geebies, CIGS gets Time nod, and more - 11 November 2008
French government proposes new incentives to greatly increase solar power, other renewables - 17 November 2008
Energy Conversion Devices sees profits soar, signs thin-film solar PV deal with Marcegaglia - 10 November 2008
The rapid expansion of thin film manufacturing, headed by First Solar could make up over 40 percent of worldwide photovoltaic production by 2012, according to a new report from Greentech Media and the Prometheus Institute for Sustainable Development. Thin film PV production could also reach a capacity of 10GW in the same timeframe, the report stated.
The new report, entitled ‘Thin-Film PV 2.0: Market Outlook Through 2012,’ notes that in the first half of 2008 alone, over $200 Million in venture capital was poured into the thin-film market, adding to the total of nearly $1 billion invested in the market since 2007.
"Thin-film PV has quickly become one of the most heated market segments in all of renewable energy," said Travis Bradford, Executive Director of the Prometheus Institute. "The report provides an excellent resource for companies that want a complete understanding of the thin-film market today and going forward."
