CIGS will make life harder for crystalline silicon, ZSW
Solar Frontier is the only major manufacturer still believing the CIGS bet below. Cadmium Telluride (First Solar) is the only other thin film technology that could achieve these cost and efficiency goals. Both have remained behind the steep cost curve dive of poly and mono. FS claims that this has already changed.
27.01.2016: Although polycrystalline solar cells have currently a market share of 90% in the global solar industry, thin-film CIGS solar cells could soon increase their share due to reduced costs and increasing efficiencies. These are the conclusions of a white paper on the CIGS technology released by Germany-based Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW). The research institute said that CGIS cells have currently reached a conversion efficiency of 22.3%, while multi-crystalline cells have an average efficiency of 20.4%. Although at module level both technologies have an average efficiency of 15% to 17%, the CIGS technology seems to be very promising, due to the fact that the average cost of a CIGS module is currently almost the same of a polycrystalline module - $ 0.40 per W. The ZSW also believes that the cost of a CIGS solar panel with an efficiency of 18% could be reduced to $ 0.25 per W with a manufacturing capacity of 500 MW to 1,000 MW. »The dominance of crystalline silicon in the global solar market will likely continue for a while, but the CIGS technology will gain market shares,« said the head of ZSW Michael Powalla. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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