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International photovoltaic markets, developments and trends forecast to 2010

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  • Maycock, Paul D.

Abstract

1993 world photovoltaic shipments increased only 6.7% from 57.9 MW in 1992 to 60.69 MW in 1993. European shipments increased 1% from 16.4 MW in 1992 to 16.55 MW in 1993. U.S. shipments increased 24.0% to 22.44 MW and Japanese shipments decreased 8% to 17.3 MW. The status of all major PV module producers will be summarized. New entrants in the thin film area include Golden Photon (CdTe), Solar Cells Inc. (CdTe), United Solar Systems (triple-stack amorphous silicon), and BP Solar (CdTe). In the silicon crystal area, plant expansions have been made by Siemens Solar Industries, BP Solar, and Solec. New crystal silicon entrants include Astropower, Texas Instruments, Nukem, and Gallivare. Potential capacity increases by 1996 of 75–100 MW are described. Module performance (efficiency and warranty), and manufacturing costs are summarized and forecast to 2010. In the limit, the sliced silicon product tends to approach profitable prices of $2.00 per watt, while several thin-film options and concentrators can be manufactured with profitable prices less than $1.50 per watt. The world market for PV modules is summarized by market sector and forecast to 2010 under two scenarios—Business as Usual and Accelerated. Under the Business as Usual assumptions, world PV module shipments are forecast to be 195 MW in 2000 and 800 MW in 2010. The Accelerated scenario forecasts world module shipments in 2000 to be 440 MW and 4000 MW in 2010. Module shipments for the last four years have been growing at a rate well below the BAU scenario.

Suggested Citation

  • Maycock, Paul D., 1995. "International photovoltaic markets, developments and trends forecast to 2010," Renewable Energy, Elsevier, vol. 6(5), pages 469-475.
  • Handle: RePEc:eee:renene:v:6:y:1995:i:5:p:469-475
    DOI: 10.1016/0960-1481(95)00062-O
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    Cited by:

    1. Yu, C.F. & van Sark, W.G.J.H.M. & Alsema, E.A., 2011. "Unraveling the photovoltaic technology learning curve by incorporation of input price changes and scale effects," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 324-337, January.
    2. Kavlak, Goksin & McNerney, James & Trancik, Jessika E., 2018. "Evaluating the causes of cost reduction in photovoltaic modules," Energy Policy, Elsevier, vol. 123(C), pages 700-710.

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