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Home > News > Thin-film's Share of Solar Panel Market to Double by 2013

November 15th, 2009

Thin-film's Share of Solar Panel Market to Double by 2013

Abstract:
Thin-film solar cells are rapidly taking market share away from the established crystalline technology, with their portion of Photovoltaic (PV) wattage more than doubling by 2013, according to iSuppli Corp. Thin-film will grow to account for 31 percent of the global solar panel market in terms of watts by 2013, up from 14 percent in 2008.

"The market viability of thin-film has been solidly established by First Solar Inc. as it rockets to become the world's top solar panel maker this year, with more than a gigawatt of production," said Greg Sheppard, chief research officer for iSuppli. "At the same time, the company has driven its cost of production to less than 90 cents per watt, keeping its costs at approximately half the level of crystalline module producers."

Source:
renewableenergyworld.com

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