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NanoMarkets recently published a new report titled, “Thin-Film Photovoltaics Materials Markets, 2011 and Beyond.” The report studies and forecasts NanoMarkets’ prognosis on materials sales for thin-film silicon, cadmium telluride and CIGS PV. Additionally, it examines the opportunities for materials in the TFPV space as well as giving an eight-year projection for core absorber materials, electrode, substrates and encapsulant markets.
NanoMarkets concedes that over the past year, changes have occurred in the industry, including First Solar using CdTe as a cost leader for solar panels and TFPV showing promise for its extensive use in BIPV projects. However, the research report notes that as the silicon shortage has declined, the case to use TFPV technology, in the place of crystalline silicon PV, has diminished as well. Further, NanoMarkets senses that as the economic crisis spread worldwide, consumers and investors waned in their gusto for “green tech”. However, despite a rather gloomy viewpoint, NanoMarkets’ report still anticipates that the TFPV will produce US$5.9 billion in 2016, compared to US$2.1 billion in 2011.
For more details on the report, click here.
