Silicon drives transition from Crystalline Solar to Thin-Film Solar - Solutions for Solar Energy

Silicon drives transition from Crystalline Solar to Thin-Film Solar

By Carolyn on March 23, 2008 5:50 PM | | Comments (0) | TrackBacks (0)
Technology is a hungry beast -- especially hot sectors like energy. The more money involved -- the faster the innovation cycle. Life cycles are short and companies must continually re-engineer themselves to leapfrog over their own solutions before the competition beats them to it.

Photovoltaic solar is now the technology undergoing that re-engineering phase. From crystalline solar modules that relay on large quantities of silicon to thin-film solar that reduces reliance on that natural material in short supply...and being replaced by quicker, easier, more economical use of labor and raw materials.

A coming glut in solar modules will turn out the lights at some of today's solar players, altering the industry landscape by 2010, says Lux Research.

The study, titled “Solar State of the Market Q1 2008: The End of the Beginning,” says solar industry revenue will continue its brisk advance from $21.2 billion in 2007 to $70.9 billion in 2012. But that advance will mask dislocations within the industry as companies unable to make the transition from crystalline solar modules to newer thin-film technologies see their market evaporate.

SOURCE: redherring.com

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