Wednesday, November 11, 2009

Thin-film’s share of solar panel market to double by 2013

EL SEGUNDO, USA: 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.Source: iSuppli, Nov. 2009

“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.”

Crystal vs. thin film
Most solar panels are made of crystalline wafers with 180 to 230 microns of polysilicon. In contrast, thin-film panels are made by depositing multiple layers of other materials a few micrometers in thickness on a substrate.

The main tradeoff between the two technologies is efficiency versus cost per watt of electricity generation. Thin-film panels are less efficient at converting sunlight to electricity, but they also cost significantly less to make.

At the same time thin-film is at a disadvantage when installation space is limited, such as on a residential rooftop. A thin-film installation can take 15 percent to 40 percent more space to achieve the same total system wattage output as crystalline. This tends to limit its appeal in certain applications.

Price comparison
The average thin-film solar panel price is expected to decline to $1.40 in 2010, down 17.6 percent from $1.70 in 2009. Average prices for crystalline panels are expected to drop to $2.00 in 2010, down 20 percent from $2.50 this year.

Through 2012, crystalline prices will continue to close the thin-film pricing gap to some degree because its purveyors collectively have deeper pockets and keep pouring on capital spending, technology R&D developments and manufacturing refinements, iSuppli expects.

Many technologies of thin-film
Many types of thin-film PV technologies are available. Their efficiencies in converting light to electricity mostly hover at less than 10 percent, although some have lab results pushing into the mid-teens.

Some of these technologies are what is known as single-junction, where one diode is used. Recent developments use multiple junctions stacked on top of one another—also called tandem and triple junction—so that more parts of the spectrum can be absorbed using different combinations, or junctions, of material.

Most of these technologies rely on variants of Chemical Vapor Deposition (CVD), or screen printing, to deposit the layers of materials on various substrates, i.e., glass and various plastics. Some recent technologies employ variants of ink-jet printing to more quickly deposit the materials.

Another accelerator of thin-film technology is the rising availability of turn-key production lines from companies such as Applied Materials, Oerlikon, and Centrotherm.

Source: iSuppli, Nov. 2009

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