PV materials market worth US$6.5 billion in 2010, says SEMI and Linx-AEI report

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

A joint report issued by SEMI and Linx-AEI Consulting reveals that the market for advanced chemicals and materials used in PV solar cell and module manufacturing grew by 114% in 2010 to US$6.5 billion. Continued capacity expansions and more advanced cell designs could see the PV materials market reach US$16.9 billion in 2015, according to the report, which includes silicon, slurries, gases, wet chemicals, precursors, dopants, and other critical materials for both crystalline and thin-film technologies.

However, the outlook for materials sales in 2011 is expected to slow from the significant rise seen last year. The report cites PV module demand in Germany slowing as it adjusts to new incentive policies and module prices decline.

Growth is expected to return next year as new markets emerge, according to the industry report.   

Read Next

February 26, 2021
Spanish developer Solarpack has updated its guidance to have between 1.8GW and 2GW of solar in operation and under construction by 2023.
February 26, 2021
Global energy giant EDF has bought a 23% stake in off-grid solar company Bboxx’s Kenyan business.
February 26, 2021
EDP will focus on North America to ramp up its solar capacity in the next five years as part of a new strategic update that will see the Portuguese utility target more than 50GW of renewables additions by 2030.
February 25, 2021
Solar inverter supplier Sungrow will grow its manufacturing capacity in India to 10GW this year.
February 25, 2021
Independent power producer ReNew Power has agreed to go public through a merger with RMG Acquisition Corporation II, a US special purpose acquisition company (SPAC), in a deal that values the combined entity at US$8 billion

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
March 9, 2021
Solar Media Events
March 17, 2021
Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021
Solar Media Events
June 15, 2021