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The Place Of Solar PV Technology In The Current Energy Market

For photovoltaic technology to be used on wider scale, there is a need to further develop this technology so that drastic reduction can be achieved in the turn-key system prices. For this further research and development (R and D) in photovoltaic technology is crucial.
by Staff Writers
Dublin, Ireland (SPX) Oct 13, 2008
Photovoltaics (PV) is a solar power technology that uses solar cells or solar photovoltaic arrays to convert light from the sun directly into electricity. Photovoltaics is also the field of study relating to this technology and there are many research institutes devoted to work on photovoltaics.

The manufacture of photovoltaic cells has expanded dramatically in recent years. Photovoltaic production has also been doubling every two years, increasing by an average of 48% each year since 2002, making it the worlds fastest-growing energy technology.

While photovoltaics technology is commercially available and is deployed worldwide, there is still a long way to for this technology to become a major source of electricity to meet the global energy needs. One of the key aspects of PV technology in its current form is its prices.

Though the current PV prices are competitive enough to compete with the prices of peak power in grid-connected applications and with alternatives like diesel generators in stand-alone applications, yet they are still very high compared to consumer or wholesale electricity prices.

For photovoltaic technology to be used on wider scale, there is a need to further develop this technology so that drastic reduction can be achieved in the turn-key system prices. For this further research and development (R and D) in photovoltaic technology is crucial.

The report - Research and Development (R and D) in Solar PV Technology - focuses on the recent and near future developments in the R and D of PV technology. Report presents a brief overview of the global energy market, potential of the renewable and solar energy and detailed information on the solar PV technology - its basics, components, various types and key application areas.

Current and future market information for PV technology is also covered in this report. Report also discusses, in detail, all the areas of R and D that is currently going on in the photovoltaics market and also a look into future developments.

The R and D areas covered in this report include wafer based crystalline silicon, thin-film technologies, concentrator technologies, BOS components and emerging and novel PV technologies.

Related Links
Research and Development (R and D) in Solar PV Technology
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Leading Solar Companies Create Green Jobs In Germany
Berlin, Germany (SPX) Oct 13, 2008
Nearly 50 percent of the world's installed solar-energy capacity is in Germany, and annual industry growth is expected to hit 25 percent in coming years. North American investments in eastern Germany have contributed significantly to this success.







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