IHS, January 8th, 2015 While 2014 remained a challenging time for the solar photovoltaic (PV) industry, it marked an inflection point in the market’s development. According to a new white paper issued by the IHS Solar service at information and analytics provider IHS (NYSE: IHS), solar PV demand grew at a double-digit pace, largely due…
GlobalData, March 18th, 2014 The Concentrated Photovoltaics (CPV) industry is set for significant growth with cumulative installed capacity predicted to rise from 357.9 megawatts (MW) in 2014 to 1,043.96 MW by 2020, according to a new study. The international report by GlobalData highlighted that the 2013 (Concentrated Photovoltaic) CPV market was dominated by just five…
IHS, March 10th, 2014 Consistent improvements in technology and gradually lower costs will drive high-concentration photovoltaic (HCPV) systems to superior efficiencies, making HCPV an increasingly viable rival to conventional solar-generating solutions, according to the latest analysis from IHS Technology (NYSE: IHS). The cell efficiency of HCPV systems, currently at 40 to 42 percent, will exceed…
IHS, December 11th, 2013 After years of slow progress, the global market for concentrated photovoltaic (CPV) systems is entering a phase of explosive growth, with worldwide installations set to boom by 750 percent from 2013 to the end of 2020. CPV installations are projected to rise to 1,362 megawatts in 2020, up from 160 megawatts…
Semiconductor Today, November 26th, 2013 The Group of III-V Semiconductors of the Instituto de Energía Solar at Universidad Politécnica de Madrid (IES-UPM) in Spain has reported a triple-junction concentrator photovoltaic (CPV) solar cell with an efficiency of 39.2%, as confirmed by the Fraunhofer Institute for Solar Energy Systems in Freiburg, Germany. After in November 2008…
IMS Research, September 26th, 2012 The concentrated photovoltaic (CPV) market is forecast to double in 2012 and reach almost 90 MW or $325 million, according to a new report from IMS Research (recently acquired by IHS Inc. (NYSE: IHS)). Furthermore, IMS Research predicts installations of this emerging technology will grow rapidly over the next five…
Lux Research, June 26th, 2012 According to a new report from Lux Research, “Putting High‐Concentrating Photovoltaics into Focus,” the concentrated PV market will expand extensively in the next five years. The market for high-concentrating photovoltaics (HCPV), also known as concentrated photovoltaics (CPV), will be worth $1.6 billion by 2017. The June 26 report claims that…
Sharp, May 31st, 2012 Developed within the NGCPV project by Japan’s SHARP, achieves world record for PV energy conversion, 43.5% efficiency at 306 suns. This conversion efficiency record has been confirmed by NGCPV participant, Fraunhofer Institute for Solar Energy (one of the several organizatiosn around the world that officially certifies energy conversion efficiency measurementsin solar…
Miyazaki, 2-4 Dec. 2011 From Dec 2nd to 4th, the first semester meeting of the “New Generation CPV” (NGCPV) Project was held in Miyazaki (Japan). Most spectacular result presented, was that of SHARP of a 43.2% efficient cell at 413 suns. Also presented the week before at PVSEC-21 in Fukuoka, SHARP reserachers report this result…
Universidad Politécnica de Madrid, June 14th, 2011 On past 14th and 15th of June the kick-off meeting of the “New Generation CPV” (NGCPV) Project was held at the Instituto de Energía Solar of Universidad Politécnica de Madrid Partly funded jointly by NEDO (Japan’s New Energy and Development Technological Organization) and the European Commission, the meeting…
