Global Market Review of Solar Photovoltaic Power Generation

Global Market Review of
Solar Photovoltaic Power Generation

Published: March 2009
No. of Pages: 80
Format: PDF
Single-user version: £650 GBP
Multi-user version: £1,950 GBP

The scope of this report:

Assesses the global trends in the demand for thin film photovoltaic
Highlights some of the major investments being made by manufacturers in terms of technology and R&D focus
Describes the encapsulation materials being used for solar photovoltaics, including EVA and PVB
Discusses the current commercial status and future viability of the photovoltaic industry
Reviews status and prospects of the major national solar markets
Profiles the major manufacturers of solar cells and modules
Considers market incentives, political influences, challenges and threats facing the photovoltaic industry
Addresses the key issues facing the photovoltaic industry

Although the solar power industry faces promising prospect for growth, it must address some major challenges in commercializing organic photovoltaics. The report includes comment and coverage of a range of manufacturers, setting out how they are overcoming the major hurdles to commercialization.

Abstract from Global Market Review of Solar Photovoltaic Power Generation

As attention is being focused on the depletion of fossil fuels and the problems of global warming, solar cells are expected to form the core of new sources of energy. A combination of government incentives, interest in investors in 'green and clean' technology coupled with growing demand from consumers for cheaper alternatives to fossil fuels have ignited a boom in all forms of solar energy.

This report is intended to provide an overview of the global solar photovoltaic power generation market, providing detailed information on the main drivers, trends, opportunities and challenges facing the sector. For instance, one of the key issues for photovoltaic market is to reduce the ratio of manufacturing cost to power output, and more specifically for solar modules, the manufacturing cost per kWh. As this report indicates, as the market and industry continues to grow and develop, such cost reductions are being achieved through improvements in technology, economies of scale and increased efficiency in all parts of the value chain.

Chapter 1 reviews solar power as an alternative source of energy, defining the elements, benefits and challenges facing the industry. Solar power is one of the cleanest electric generation sources, capable of generating electricity without air or water emissions, noise, vibration, habitat impact or waste generation.

Chapter 2 considers the market for solar photovoltaic power, defining the key processes and issues. Photovoltaic technology, such as thin film solar panels, converts sunlight into electricity. Growing concern for the climate and the need for additional energy sources have made governments around the world take measures to support investments in and use of renewable energy.

Chapter 3 considers the various market incentives and political influences. It also reviews the current market opportunities and predictions for solar photovoltaic power generation over the next few years alongside the challenges and threats the industry is facing.

Chapter 4 considers the current status and prospects of the major national solar markets, namely Germany, Spain, Japan, US, Italy, France, South Korea and India.

Chapter 5 addresses a number of issues facing the solar photovoltaic market. The solar photovoltaic market is one of fastest growing markets in the renewable energy sector. Over the next decade or so, photovoltaics is on course to become more and more cost competitive due to lower production costs and long term stable technical systems.

Chapter 6 profiles the major manufacturers of solar cells and modules, namely: Ascent Solar
Evergreen Solar Inc; First Solar; Kyocera Corporation; Mitsubishi Electric; Motech Industries; Q-Cells AG; Renewable Energy Corporation; Sanyo Electric; Sharp Corporation; SolarWorld AG; SunLink Corporation; Sunpower Corporation; Suntech Power; and United Solar.

List of tables
List of figures
Preface
Executive Summary

1: Solar power: a bright future
Why solar power?
Solar conversion process
Defining the elements
Solar power benefits
Challenges facing the solar power industry
Solar power industry value chain

2: Market overview
Why solar photovoltaic power?
Defining the elements
Manufacturing process
Product lifetime issues

3: Market analyses
Market incentives and political influences for Solar Photovoltaic Power Generation
Market competition for Solar Photovoltaic Power Generation
Recent technical advances for Solar Photovoltaic Power Generation
Market opportunities and forecasts for Solar Photovoltaic Power Generation
Market challenges and threats for Solar Photovoltaic (PV) Power Generation

4: National markets
Major national solar markets:
Germany, Solar Markets:
~present
~future
Spain, Solar Markets:
~present
~future
Japan, Solar Markets:
~present
~future
United States, Solar Markets:
~present
~future
Other key national solar markets:
~France, Solar Markets
~India, Solar Markets
~Italy, Solar Markets
~South Korea, Solar Markets
Case studies:
"Supplying solar photovoltaic electricity generating systems to developing countries"
"First Solar power plant for the Papal State"

5: Market prospects
What are the prospects for the solar PV module market?
When will grid parity in Europe be achieved?
What will be the impact on the solar energy market of the change in subsidy policies?
What will be the impact on the solar PV following the expansion of incentive policy-oriented leadership?
What are the opportunities for the glass industry?
What is the long-term challenge of the solar energy sector?
What will be the impact of the current global financial crisis?

6: Major manufacturers of solar cells and modules
Ascent Solar
Bosch
Evergreen Solar Inc
First Solar
Kyocera Corporation
Mitsubishi Electric
Motech Industries
Q-Cells AG
Renewable Energy Corporation
Sanyo Electric
Sharp Corporation
SolarWorld AG
SunLink Corporation
Sunpower Corporation
Suntech Power
United Solar

Glossary of terms

List of tables
Table 1: Technologies used in the solar power industry
Table 2: Historical development of cumulative installed global and EU photovoltaic capacity, 1998 - 2007, MWp
Table 3: Global annual market (MWp) and annual growth rate of photovoltaic industry in main markets, 2006 - 2012
Table 4: Global cumulative photovoltaic capacity assuming a pessimistic-driven scenario, 2001 - 2012, GWp
Table 5: Pessimistic market forecast for the major global photovoltaic markets, Germany, Spain, Italy, Greece, France, Portugal, US, China, Japan, South Korea, India and the Rest of the World, 2006 - 2012, MWp
Table 6: Policy-driven market forecast for the major global photovoltaic markets, Germany, Spain, Italy, Greece, France, Portugal, US, China, Japan, South Korea, India and the Rest of the World, 2006 - 2012, MWp
Table 7: Mitsubishi Electric's current and projected growth of annual production capacity for photovoltaic cells and modules, 2003 - 2012, MW
Table 8: Sanyo's solar production capacity, 2007 - 2009
Table 9: Q-Cells key figures, 2002 - 2007
Table 10: Sharp Corp's cumulative solar cell production volume, 1998 - 2007

List of figures
Figure 1: The roof of the Stillwell Avenue Metro Station in New York is home to the world's largest building-integrated solar plant with thin film modules
Figure 2: A photovoltaic unit from RWE Schott Solar on the roof of a single-family house
In 2008, Europe's first commercial solar thermal parabolic trough power plant went on-stream near Granada, Spain
Figure 3: Europe's first Plus Energy housing estate in Weiz, Austria runs on solar technology from Schott
Figure 4: Ersol Solar Energy AG's manufacturing capacity in Arnstadt, Germany is being extended

Fax-back Order Form (pdf)


	Home Publications Abstract Table of Contents Custom Research Testimonials FAQ Contact Us	Global Market Review of Solar Photovoltaic Power Generation Published: March 2009 No. of Pages: 80 Format: PDF Single-user version: £650 GBP Multi-user version: £1,950 GBP Fax-back Order Form (pdf) The scope of this report: Assesses the global trends in the demand for thin film photovoltaic Highlights some of the major investments being made by manufacturers in terms of technology and R&D focus Describes the encapsulation materials being used for solar photovoltaics, including EVA and PVB Discusses the current commercial status and future viability of the photovoltaic industry Reviews status and prospects of the major national solar markets Profiles the major manufacturers of solar cells and modules Considers market incentives, political influences, challenges and threats facing the photovoltaic industry Addresses the key issues facing the photovoltaic industry Although the solar power industry faces promising prospect for growth, it must address some major challenges in commercializing organic photovoltaics. The report includes comment and coverage of a range of manufacturers, setting out how they are overcoming the major hurdles to commercialization. Abstract from Global Market Review of Solar Photovoltaic Power Generation As attention is being focused on the depletion of fossil fuels and the problems of global warming, solar cells are expected to form the core of new sources of energy. A combination of government incentives, interest in investors in 'green and clean' technology coupled with growing demand from consumers for cheaper alternatives to fossil fuels have ignited a boom in all forms of solar energy. This report is intended to provide an overview of the global solar photovoltaic power generation market, providing detailed information on the main drivers, trends, opportunities and challenges facing the sector. For instance, one of the key issues for photovoltaic market is to reduce the ratio of manufacturing cost to power output, and more specifically for solar modules, the manufacturing cost per kWh. As this report indicates, as the market and industry continues to grow and develop, such cost reductions are being achieved through improvements in technology, economies of scale and increased efficiency in all parts of the value chain. Chapter 1 reviews solar power as an alternative source of energy, defining the elements, benefits and challenges facing the industry. Solar power is one of the cleanest electric generation sources, capable of generating electricity without air or water emissions, noise, vibration, habitat impact or waste generation. Chapter 2 considers the market for solar photovoltaic power, defining the key processes and issues. Photovoltaic technology, such as thin film solar panels, converts sunlight into electricity. Growing concern for the climate and the need for additional energy sources have made governments around the world take measures to support investments in and use of renewable energy. Chapter 3 considers the various market incentives and political influences. It also reviews the current market opportunities and predictions for solar photovoltaic power generation over the next few years alongside the challenges and threats the industry is facing. Chapter 4 considers the current status and prospects of the major national solar markets, namely Germany, Spain, Japan, US, Italy, France, South Korea and India. Chapter 5 addresses a number of issues facing the solar photovoltaic market. The solar photovoltaic market is one of fastest growing markets in the renewable energy sector. Over the next decade or so, photovoltaics is on course to become more and more cost competitive due to lower production costs and long term stable technical systems. Chapter 6 profiles the major manufacturers of solar cells and modules, namely: Ascent Solar Evergreen Solar Inc; First Solar; Kyocera Corporation; Mitsubishi Electric; Motech Industries; Q-Cells AG; Renewable Energy Corporation; Sanyo Electric; Sharp Corporation; SolarWorld AG; SunLink Corporation; Sunpower Corporation; Suntech Power; and United Solar. Table of Contents List of tables List of figures Preface Executive Summary 1: Solar power: a bright future Why solar power? Solar conversion process Defining the elements Solar power benefits Challenges facing the solar power industry Solar power industry value chain 2: Market overview Why solar photovoltaic power? Defining the elements Manufacturing process Product lifetime issues 3: Market analyses Market incentives and political influences for Solar Photovoltaic Power Generation Market competition for Solar Photovoltaic Power Generation Recent technical advances for Solar Photovoltaic Power Generation Market opportunities and forecasts for Solar Photovoltaic Power Generation Market challenges and threats for Solar Photovoltaic (PV) Power Generation 4: National markets Major national solar markets: Germany, Solar Markets: ~present ~future Spain, Solar Markets: ~present ~future Japan, Solar Markets: ~present ~future United States, Solar Markets: ~present ~future Other key national solar markets: ~France, Solar Markets ~India, Solar Markets ~Italy, Solar Markets ~South Korea, Solar Markets Case studies: "Supplying solar photovoltaic electricity generating systems to developing countries" "First Solar power plant for the Papal State" 5: Market prospects What are the prospects for the solar PV module market? When will grid parity in Europe be achieved? What will be the impact on the solar energy market of the change in subsidy policies? What will be the impact on the solar PV following the expansion of incentive policy-oriented leadership? What are the opportunities for the glass industry? What is the long-term challenge of the solar energy sector? What will be the impact of the current global financial crisis? 6: Major manufacturers of solar cells and modules Ascent Solar Bosch Evergreen Solar Inc First Solar Kyocera Corporation Mitsubishi Electric Motech Industries Q-Cells AG Renewable Energy Corporation Sanyo Electric Sharp Corporation SolarWorld AG SunLink Corporation Sunpower Corporation Suntech Power United Solar Glossary of terms List of tables Table 1: Technologies used in the solar power industry Table 2: Historical development of cumulative installed global and EU photovoltaic capacity, 1998 - 2007, MWp Table 3: Global annual market (MWp) and annual growth rate of photovoltaic industry in main markets, 2006 - 2012 Table 4: Global cumulative photovoltaic capacity assuming a pessimistic-driven scenario, 2001 - 2012, GWp Table 5: Pessimistic market forecast for the major global photovoltaic markets, Germany, Spain, Italy, Greece, France, Portugal, US, China, Japan, South Korea, India and the Rest of the World, 2006 - 2012, MWp Table 6: Policy-driven market forecast for the major global photovoltaic markets, Germany, Spain, Italy, Greece, France, Portugal, US, China, Japan, South Korea, India and the Rest of the World, 2006 - 2012, MWp Table 7: Mitsubishi Electric's current and projected growth of annual production capacity for photovoltaic cells and modules, 2003 - 2012, MW Table 8: Sanyo's solar production capacity, 2007 - 2009 Table 9: Q-Cells key figures, 2002 - 2007 Table 10: Sharp Corp's cumulative solar cell production volume, 1998 - 2007 List of figures Figure 1: The roof of the Stillwell Avenue Metro Station in New York is home to the world's largest building-integrated solar plant with thin film modules Figure 2: A photovoltaic unit from RWE Schott Solar on the roof of a single-family house In 2008, Europe's first commercial solar thermal parabolic trough power plant went on-stream near Granada, Spain Figure 3: Europe's first Plus Energy housing estate in Weiz, Austria runs on solar technology from Schott Figure 4: Ersol Solar Energy AG's manufacturing capacity in Arnstadt, Germany is being extended Fax-back Order Form (pdf)

		Legal Notice l Terms and Conditions l Back to top l Copyright Research Analysts Ltd

The scope of this report:

Abstract from Global Market Review of Solar Photovoltaic Power Generation

Table of Contents