#C-Si A-Si CIGS Solar Cell and Module Market Demand
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C-Si A-Si CIGS Solar Cell and Module Market Consumption Analysis, Business Overview and Upcoming Trends by 17- 2032
Amorphous silicon, copper indium gallium selenide, and crystalline silicon are three different types of solar cell technologies that are frequently employed in the market. The market for C-Si, A-Si, and CIGS solar cells and modules is described below, along with market trends, demand drivers, and the top 10 market-shaping variables:
Market Overview: Production and use of solar cells and modules based on C-Si, A-Si, and CIGS technologies are included in the solar cell and module market. The most extensively used technology is crystalline silicon (C-Si), but amorphous silicon (A-Si) and CIGS provide special benefits like flexibility, light weight, and greater conversion efficiency in particular applications.
From 2022 to 2030, the market for c-Si a-Si CIGS solar cells and modules is anticipated to increase at a CAGR of 5.3%
Trends:
1. Predominance of C-Si: Due to their established technology, high efficiency, and economies of scale, crystalline silicon solar cells and modules continue to rule the industry.
2. Efficiencies are being improved: To make A-Si and CIGS solar cells more competitive with C-Si technology, ongoing research and development activities are concentrated on enhancing their efficiencies.
3. Flexible and Lightweight Design: The fabrication of flexible and lightweight solar modules is made possible by CIGS and A-Si technologies, which creates new application opportunities in fields including portable electronics, curved surfaces, and building integration.
4. Cost Reductions: Cost reductions for all three technologies are made possible by improvements in manufacturing techniques, material utilisation, and economies of scale. As a result, solar energy is now more widely available.
5. Market segmentation: Various solar cell technologies locate specialised uses in accordance with their unique properties, such as C-Si in utility-scale installations,A-Si in consumer electronics, and CIGS in building-integrated photovoltaics
Demand Factors:
Energy Transition and Climate Goals: The global shift toward renewable energy sources, carbon reduction targets, and climate change mitigation efforts drive the demand for solar cells and modules of all three technologies.
Government Policies and Incentives: Supportive policies, feed-in tariffs, tax credits, and other financial incentives provided by governments encourage the adoption of solar energy and influence the market demand for C-Si, A-Si, and CIGS technologies.
Cost Competitiveness: The cost-effectiveness of solar cells and modules, including installation, maintenance, and long-term performance, is a significant factor driving their demand in the market.
Environmental Considerations: Solar energy's low carbon footprint and environmental friendliness make C-Si, A-Si, and CIGS technologies appealing options for sustainable power generation.
Application-specific Advantages: Each technology offers unique advantages that cater to specific applications, such as C-Si's efficiency for utility-scale projects, A-Si's lightweight nature for consumer electronics, and CIGS' flexibility for building integration.
Key Factors Influencing the Market:
Technological Advancements: Continuous research and development efforts to improve efficiency, durability, and scalability of C-Si, A-Si, and CIGS solar cells and modules drive market growth.
Manufacturing Scale and Cost Reductions: Increasing production scale, process optimizations, and economies of scale result in cost reductions, making solar energy more affordable and competitive.
Government Policies and Support: Favorable policies, subsidies, grants, and regulations supporting renewable energy deployment influence the demand for solar cells and modules of all three technologies.
Competitiveness with Other Technologies: The market competitiveness of C-Si, A-Si, and CIGS solar cells and modules compared to other renewable energy technologies, such as wind power or biomass, affects their adoption rates.
Building Codes and Standards: Compliance with building codes and standards and the ability to integrate solar modules into building materials influence the demand for BIPV applications using A-Si and CIGS technologies.
Material Availability: The availability and cost of materials like silicon, indium, gallium, and selenium impact the manufacturing and pricing of C-Si, A-Si, and CIGS solar cells and modules.
Reliability and Longevity: Ensuring the long-term performance, reliability, and durability of solar cells and modules are critical factors in building trust among end-users and investors.
Supply Chain and Manufacturing Capabilities: The maturity, efficiency, and reliability of the supply chain, including raw material sourcing, manufacturing processes, and distribution networks, impact the market growth of solar technologies.
Market Competition: Competition among manufacturers and suppliers of C-Si, A-Si, and CIGS solar cells and modules influences product quality, innovation, and pricing.
Regional Market Dynamics: Factors such as solar resource availability, government policies, economic conditions, and local energy demand shape the demand and adoption of C-Si, A-Si, and CIGS solar cells and modules in different regions.
These factors collectively shape the C-Si, A-Si, and CIGS solar cell and module market, driving their growth and influencing their level of adoption in various sectors and regions.
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Market Segmentations:
Global C-Si A-Si CIGS Solar Cell and Module Market: By Company
• Solar Frontier
• SoloPower
• Stion
• Avancis
• Manz
• DowDuPont
• Siva Power
• Hanergy
• Solibro
• Miasole
• Global Solar
• Flisom
Global C-Si A-Si CIGS Solar Cell and Module Market: By Type
• C-Si Solar Cell Module
• A-Si Thin Film Solar Module
• CIGS Thin Film Solar Module
Global C-Si A-Si CIGS Solar Cell and Module Market: By Application
• Residential
• Commercial
• Ground Station
• Others
Global C-Si A-Si CIGS Solar Cell and Module Market: Regional Analysis
The regional analysis of the global C-Si A-Si CIGS Solar Cell and Module market provides insights into the market's performance across different regions of the world. The analysis is based on recent and future trends and includes market forecast for the prediction period. The countries covered in the regional analysis of the C-Si A-Si CIGS Solar Cell and Module market report are as follows:
North America: The North America region includes the U.S., Canada, and Mexico. The U.S. is the largest market for C-Si A-Si CIGS Solar Cell and Module in this region, followed by Canada and Mexico. The market growth in this region is primarily driven by the presence of key market players and the increasing demand for the product.
Europe: The Europe region includes Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe. Germany is the largest market for C-Si A-Si CIGS Solar Cell and Module in this region, followed by the U.K. and France. The market growth in this region is driven by the increasing demand for the product in the automotive and aerospace sectors.
Asia-Pacific: The Asia-Pacific region includes Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, and Rest of Asia-Pacific. China is the largest market for C-Si A-Si CIGS Solar Cell and Module in this region, followed by Japan and India. The market growth in this region is driven by the increasing adoption of the product in various end-use industries, such as automotive, aerospace, and construction.
Middle East and Africa: The Middle East and Africa region includes Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of Middle East and Africa. The market growth in this region is driven by the increasing demand for the product in the aerospace and defense sectors.
South America: The South America region includes Argentina, Brazil, and Rest of South America. Brazil is the largest market for C-Si A-Si CIGS Solar Cell and Module in this region, followed by Argentina. The market growth in this region is primarily driven by the increasing demand for the product in the automotive sector.
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#C-Si A-Si CIGS Solar Cell and Module Market Consumption Analysis#Business Overview and Upcoming Trends by 17- 2032
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C-Si A-Si CIGS Solar Cell and Module Market Trends, Opportunities, Revenue and Region Analysis, Forecast 2020-2025
C-Si A-Si CIGS Solar Cell and Module Market Trends, Opportunities, Revenue and Region Analysis, Forecast 2020-2025
Chicago, United States, Jan 31, 2020 —Report Hive Research adds C-Si A-Si CIGS Solar Cell and Module Market report to its research database. The report delivers in depth market statistics and elaborates on different market segments categorized by players, end users, applications at the regional level individually. Citing each and every challenge obstructing the market growth, the C-Si A-Si CIGS…
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Thin Film Solar Cells Market is estimated to reach at US$16.3 billion by 2026
Market Scenario
Global Thin Film Solar Cells Market was valued US$ 16.3 Bn in 2017 and is projected to reach US$ 42.8 Bn by 2026 at a CAGR of 12.8 % during the forecast.
Global thin film solar cells market is segmented by product, by end use, and by region. Based on product, thin-film solar cells market is segmented into cadmium telluride (CdTe), copper indium gallium diselenide (CIGS), and amorphous thin-film silicon. Residential, commercial, and utility are end users of thin film solar cells market. Geographically, thin film solar cells market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Increase in awareness toward boosting green energy, a rise in energy consumption, rapid installation flexibility, and cost & performance efficiency of thin film solar cell drives global thin film solar cells market. Reducing renewable tariff subjected to increasing competitive demand may positively influence industry growth. Increasing electricity demand mainly from rural area among developing countries coupled with regulatory measures toward energy conservation will accelerate the thin film solar cells market. Reducing renewable tariff subjected to increasing competitive bidding may positively impact market growth. High initial manufacturing cost and technological complexity concerned with the use of thin-film solar cells are predicted to hamper the market growth.
Global Thin Film Solar Cells Market
CIGS technology is gaining more popularity than other thin-film technologies. CIGS cells offer high efficiency and combined advantages of both c-Si, which claim potential advantages on cost, flexibility, weight, and manufacture ability and cheaper manufacturing process. A lot of venture capitalist firms are investing in CIGS technology, CIGS segment is expected to capture the maximum share in the thin film module market.
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Commercial thin film solar cells dominated the market in 2017 and in term of a volume is anticipated to witness growth over 15% by 2026. Growing demand for uninterrupted power supply from rural or developing areas will favor the industry growth. There has been increased in production plant manufacturing commercial thin-film solar cells. Worldwide, about 34 companies are actively developing thin-film PV technologies.
In 2017, Europe dominated the thin film solar cell market, in terms of both value and volume. Middle East & Africa is expected to witness the highest growth rate during forecast, owing to the continual occurrence of solar radiation and high use of renewable energy due to the extensive use of hydropower.
Oxford Photovoltaics, Hankey Asia Ltd., Global Solar, Inc., Xunlight Kunshan Co. Ltd., Kaneka Corporation, First Solar, Ascent Solar Technologies Inc., MiaSole Hi-Tech Corp., Trony Solar, and Mitsubishi Electric US, Inc. are major players in thin film solar cell market.
Scope of the Global Thin Film Solar Cell Market
Global Thin Film Solar Cell Market by Type:
• Cadmium Telluride • Copper Indium Gallium Diselenide • Amorphous Thin-film Silicone
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Global Thin Film Solar Cell Market by End User:
• Residential • Commercial • Utility
Key Player analysed in Global Thin Film Solar Cell Market:
• Oxford Photovoltaics • Hankey Asia Ltd. • Global Solar, Inc. • Xunlight Kunshan Co. Ltd. • Kaneka Corporation • First Solar • Ascent Solar Technologies Inc. • MiaSole Hi-Tech Corp.
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• Trony Solar • Mitsubishi Electric US, Inc. • United Solar, Inc. • Solar Frontier K.K. • Solopower Systems • General Electric • Sharp Corporation • XsunX Inc.
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Thin Film Solar Cells Market: Granular View of The Market from Various End-Use Segments
Global Thin Film Solar Cells Market was valued US$ 16.3 Bn in 2017 and is projected to reach US$ 42.8 Bn by 2026 at a CAGR of 12.8 % during the forecast.
Global thin film solar cells market is segmented by product, by end use, and by region. Based on product, thin-film solar cells market is segmented into cadmium telluride (CdTe), copper indium gallium diselenide (CIGS), and amorphous thin-film silicon. Residential, commercial, and utility are end users of thin film solar cells market. Geographically, thin film solar cells market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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Increase in awareness toward boosting green energy, a rise in energy consumption, rapid installation flexibility, and cost & performance efficiency of thin film solar cell drives global thin film solar cells market. Reducing renewable tariff subjected to increasing competitive demand may positively influence industry growth. Increasing electricity demand mainly from rural area among developing countries coupled with regulatory measures toward energy conservation will accelerate the thin film solar cells market. Reducing renewable tariff subjected to increasing competitive bidding may positively impact market growth. High initial manufacturing cost and technological complexity concerned with the use of thin-film solar cells are predicted to hamper the market growth.
Global Thin Film Solar Cells Market
CIGS technology is gaining more popularity than other thin-film technologies. CIGS cells offer high efficiency and combined advantages of both c-Si, which claim potential advantages on cost, flexibility, weight, and manufacture ability and cheaper manufacturing process. A lot of venture capitalist firms are investing in CIGS technology, CIGS segment is expected to capture the maximum share in the thin film module market.
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Commercial thin film solar cells dominated the market in 2017 and in term of a volume is anticipated to witness growth over 15% by 2026. Growing demand for uninterrupted power supply from rural or developing areas will favor the industry growth. There has been increased in production plant manufacturing commercial thin-film solar cells. Worldwide, about 34 companies are actively developing thin-film PV technologies.
In 2017, Europe dominated the thin film solar cell market, in terms of both value and volume. Middle East & Africa is expected to witness the highest growth rate during forecast, owing to the continual occurrence of solar radiation and high use of renewable energy due to the extensive use of hydropower.
Oxford Photovoltaics, Hankey Asia Ltd., Global Solar, Inc., Xunlight Kunshan Co. Ltd., Kaneka Corporation, First Solar, Ascent Solar Technologies Inc., MiaSole Hi-Tech Corp., Trony Solar, and Mitsubishi Electric US, Inc. are major players in thin film solar cell market.
Scope of the Global Thin Film Solar Cell Market
Global Thin Film Solar Cell Market by Type:
• Cadmium Telluride • Copper Indium Gallium Diselenide • Amorphous Thin-film Silicone Global Thin Film Solar Cell Market by End User:
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• Residential • Commercial • Utility
Key Player analysed in Global Thin Film Solar Cell Market:
• Oxford Photovoltaics • Hankey Asia Ltd. • Global Solar, Inc. • Xunlight Kunshan Co. Ltd. • Kaneka Corporation • First Solar • Ascent Solar Technologies Inc. • MiaSole Hi-Tech Corp. • Trony Solar • Mitsubishi Electric US, Inc. • United Solar, Inc. • Solar Frontier K.K. • Solopower Systems • General Electric • Sharp Corporation • XsunX Inc.
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Global Thin Film Solar Cells Market
Global Thin Film Solar Cells Market was valued US$ 16.3 Bn in 2017 and is projected to reach US$ 42.8 Bn by 2026 at a CAGR of 12.8 % during the forecast.
Global thin film solar cells market is segmented by product, by end use, and by region. Based on product, thin-film solar cells market is segmented into cadmium telluride (CdTe), copper indium gallium diselenide (CIGS), and amorphous thin-film silicon. Residential, commercial, and utility are end users of thin film solar cells market. Geographically, thin film solar cells market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Increase in awareness toward boosting green energy, a rise in energy consumption, rapid installation flexibility, and cost & performance efficiency of thin film solar cell drives global thin film solar cells market. Reducing renewable tariff subjected to increasing competitive demand may positively influence industry growth. Increasing electricity demand mainly from rural area among developing countries coupled with regulatory measures toward energy conservation will accelerate the thin film solar cells market. Reducing renewable tariff subjected to increasing competitive bidding may positively impact market growth. High initial manufacturing cost and technological complexity concerned with the use of thin-film solar cells are predicted to hamper the market growth.
CIGS technology is gaining more popularity than other thin-film technologies. CIGS cells offer high efficiency and combined advantages of both c-Si, which claim potential advantages on cost, flexibility, weight, and manufacture ability and cheaper manufacturing process. A lot of venture capitalist firms are investing in CIGS technology, CIGS segment is expected to capture the maximum share in the thin film module market.
Commercial thin film solar cells dominated the market in 2017 and in term of a volume is anticipated to witness growth over 15% by 2026. Growing demand for uninterrupted power supply from rural or developing areas will favor the industry growth. There has been increased in production plant manufacturing commercial thin-film solar cells. Worldwide, about 34 companies are actively developing thin-film PV technologies.
In 2017, Europe dominated the thin film solar cell market, in terms of both value and volume. Middle East & Africa is expected to witness the highest growth rate during forecast, owing to the continual occurrence of solar radiation and high use of renewable energy due to the extensive use of hydropower.
Oxford Photovoltaics, Hankey Asia Ltd., Global Solar, Inc., Xunlight Kunshan Co. Ltd., Kaneka Corporation, First Solar, Ascent Solar Technologies Inc., MiaSole Hi-Tech Corp., Trony Solar, and Mitsubishi Electric US, Inc. are major players in thin film solar cell market. Scope of the Global Thin Film Solar Cell Market
Global Thin Film Solar Cell Market by Type:
• Cadmium Telluride • Copper Indium Gallium Diselenide • Amorphous Thin-film Silicone Global Thin Film Solar Cell Market by End User:
• Residential • Commercial • Utility Key Player analysed in Global Thin Film Solar Cell Market:
• Oxford Photovoltaics • Hankey Asia Ltd. • Global Solar, Inc. • Xunlight Kunshan Co. Ltd. • Kaneka Corporation • First Solar • Ascent Solar Technologies Inc. • MiaSole Hi-Tech Corp. • Trony Solar • Mitsubishi Electric US, Inc. • United Solar, Inc. • Solar Frontier K.K. • Solopower Systems • General Electric • Sharp Corporation • XsunX Inc.
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Global Alternative Solar Photovoltaic Technologies Market Growth, Demand, Supply, SWOT, Consumption, Revenue to 2025
The demand in the global alternative solar photovoltaic technologies market is rising on the back of expanding application of solar PV installations in lightweight rooftop, building applied photovoltaic systems (BAPV), building integrated photovoltaic (BIPV), consumer products, portable electronics, aerospace and military. Rising use of alternative solar photovoltaic technologies in different area will create new growth opportunities in this market.
Alternative solar photovoltaic technologies play a vital role in solar PV industry. These technologies offer higher growth avenues along with higher conversion efficacies, new applications, lighter weight, improved stability, and greater mechanical flexibility.
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As grid electricity produced is produced through traditional generative sources like carbon-based fuels, there is higher chance for alternative solar photovoltaic technologies that provides higher potential for reduced production cost.
Development of New Technologies to Expand Market Performance
The competition in the global alternative solar photovoltaic technologies market is also increasing as several players are coming with new technologies to get a firm hold in the market. some of the key players in the market are Midsummer AB, Kaneka Corp, Solopower Systems Inc., Hanergy Thin-film Power Group Ltd., Showa Shell Sekiyu K.K., (Solar Frontier K.K.), Nanosolar Inc., Moser Baer India ltd., Onyx Solar Energy, and Opvius GMBH. These players are using advanced techniques to develop provide better facilities for the user using alternative solar photovoltaic technologies.
Furthermore, players are making efforts in reviewing different technologies that are currently in commercial use. Moreover, early-stage technologies are undergoing transformation, as they are moving from research to commercialization. With these processes, new technologies will augmented growth in the global alternative solar photovoltaic technologies market.
Report Highlights
The global market for alternative solar photovoltaic (PV) technologies should grow from $1.9 billion in 2018 to nearly $2.3 billion by 2023 with a compound annual growth rate (CAGR) of 3.6% for the period of 2018-2023.
Summary
Alternative solar photovoltaic technologies have become an inseparable part of the solar PV industry. Alternative solar photovoltaic technologies offer the prospects of higher conversion efficiencies, lighter weight, new applications, greater mechanical flexibility and less fragility. They also offer the potential for significantly lower production costs that may be highly competitive with grid electricity produced through traditional generative sources such as carbon-based fuels, as well as with other types of more traditional solar PV technologies such as mono- and polycrystalline silicon modules.
Current worldwide sales figures support this trend and suggest that the alternative solar photovoltaic technologies market will grow gradually during the coming years. Forecasts of actual market volumes predict installation of more than REDACTED GW of alternative solar PV technologies by 2023. In 2017, First SolarInc. installed more than REDACTED GW of cadmium telluride (CdTe) modules worldwide. Alternative solarphotovoltaic technologies have until now been most successful in the U.S., Japan, China and Germany,but are likely to gain popularity across the globe.
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Alternative solar photovoltaic technologies are divided into second generation and third generation solar PV technologies.
Second generation technologies are currently commercially viable and deployed on a relatively wide basis; they compete within the power generation segment, and more narrowly, their nearest competition is with c-Si PV technologies. The most widely utilized technologies are thin-film technologies (non-c-Si), which may be composed of the following – – Cadmium telluride (CdTe) cells and modules. – Copper indium gallium (di)selenide (CIGS or CIS) cells and modules. – Amorphous silicon (a-Si; non-crystalline) cells and modules. – Gallium-arsenide (GaAs).
Third-generation photovoltaics encompass a diverse set of technologies that range from those that are still in a highly theoretical stage to others that are in the earliest stages of commercial deployment in mostly specialized applications or niche markets. When compared to present adoption rates, the growth in both raw numbers and percentages will be highly impressive in the next five years for thirdgeneration PV, since they are beginning from such a low initial threshold. However, the overall size of the markets will remain small relative to c-Si and even other technologies in the second-generation PV category as companies continue to deal with the challenges of low conversion efficiencies and very specific environmental operating condition requirements for certain third-generation technologies (such as OPV) to achieve optimal performance.
The nearly $REDACTED billion worldwide market for alternative solar photovoltaic technologies that waswitnessed in 2018 will continue to grow gradually at a CAGR of REDACTED% through 2023. This market is stableand growing as a result of the gradual expansion of solar PV installations into niche applications like building integrated photovoltaic (BIPV), building applied photovoltaic systems (BAPV), lightweightrooftop, portable electronics, consumer products, aerospace and military, among others; opening newer opportunities for alternative solar photovolta ic technologies.
Scope of Report:
Topics analyzed within the report include a detailed breakdown and analysis of the global markets for alternative solar PV technologies by geography, technology and application. Additionally, included are a review of the different technologies currently in commercial use; a review of early-stage technologies that are beginning to see transfer from research to commercialization; a sketch of the industrys current structure, including competitive and regulatory analysis within this context; and major factors impelling and impeding global growth. The scope of the report extends to sizing of the alternative solar photovoltaic technologies market and an analysis of global market trends with market data for 2017 being considered as the base year, 2018 as the estimate year and forecast for 2023 with projection of CAGR from 2018 to 2023. Market data is provided in terms of megawatts installed annually and U.S. dollar value at global and regional levels, as well as select countries for alternative solar photovoltaic technologies.
The report focuses on assessment of alternative solar photovoltaic technologies and a detailed analysis of original equipment manufacturers and the related system providers. Market dynamics such as drivers, restraints, opportunities and challenges are also discussed in the report. The study forecasts the market value of the alternative solar photovoltaic technologies market for key technologies like CIS/CIGS, CdTe, a-Si, DSSC and OPV, among others. A deep dive analysis of CIGS technology is done by estimating the market trends for the application and production method segment. The report forecasts the market value of the CIGS alternative solar photovoltaic technologies market for major applications like grid tied applications, off grid applications, portable electronics and consumer products; and other applications like transportation, aerospace, remote sensing and military. The report also forecasts the market value of the CIGS alternative solar photovoltaic technologies market by production methods that include major manufacturing methods like sputtering, co-evaporation and other methods like electrochemical deposition and printing, among others.
Complete understanding of the key technologies like Cadmium Telluride (Cdte), Copper Indium Gallium (Di)selenide (CIS/CIGS) and Amorphous Silicon (A-si) – Company profiles of the major players of the industry, including Ascent Solar Technologies Inc., First Solar Inc., Manz Ag, Showa Shell Sekiyu K.K. (Solar Frontier K.K.) and Hanergy”
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Thin-film solar: Stuck in second place, even with c-Si tariffs
If there’s one product that has the opportunity to benefit from the tariffs on crystalline silicon solar panels, it’s the thin-film module. Crystalline silicon’s (c-Si) slimmer cousin, thin-film is exempt from the 30% solar panel tariff because the U.S. government found that imported c-Si modules—not thin-film—were causing harm to domestic panel manufacturing. That’s no surprise as c-Si holds between 90 and 95% of the global production market share.
Thin-film’s market share over the years. Credit: Fraunhofer ISE
Thin-film panel manufacturer First Solar—exempt from the tariffs—is expanding its Vietnam manufacturing plant and will build a new 1.2-GW facility in Ohio to meet utility-scale demand. The expected 500 U.S. jobs will assist with production of the company’s new Series 6 module, which is sized and powered to be competitive with traditional c-Si. Is it finally thin-film’s time to shine?
Since thin-film has found most of its success thus far in either large utility-scale projects or small pocket-sized calculators, it will take a major preference shift and production upgrade for the specialized modules to take off.
Types of thin-film solar
First Solar employees work on Series 4 modules at the company’s Perrysburg, Ohio, manufacturing plant. (Photo by Dennis Schroeder / NREL)
A thin-film solar panel is made of thin films of semiconductors deposited on glass, plastic or metal. The films are incredibly thin, often 20 times thinner than c-Si wafers. This makes thin-film solar panels flexible and lightweight. If the thin-film cells are encased in plastic, the product could be flexible enough to mold to a roof’s shape; when glass is used, thin-film panels are more rigid and heavier.
There are three common thin-film divisions: amorphous silicon (a-Si), cadmium telluride (CdTe), and copper indium gallium selenide (CIGS) or gallium-free CIS.
a-Si is the oldest thin-film technology. It uses chemical vapor deposition to place a thin layer of silicon onto the glass, plastic or metal base. It is nontoxic, absorbs a wide range of the light spectrum and performs well in low light but loses efficiency quickly. Pocket and desk calculators use a-Si cells, and PowerFilm produces low-watt, portable solar products using the technology. The highest efficiency on record for a-Si is 13.6%.
CdTe is the most common thin-film solar technology, largely because of First Solar’s utility-scale dominance. In First Solar’s case, cadmium and tellurium (a rare metal) are deposited on glass. In 2016, First Solar hit a CdTe world-record cell efficiency of 22.1%, although its modules average 17%. The Series 6 module should produce 420 W, and its smaller Series 4 modules peaked at about 100 W.
CIS and CIGS modules are usually produced using co-evaporation or co-deposition. Copper, indium, selenide and (sometimes) gallium are deposited onto the substrate at different temperatures to mix together. Solar Frontier has a 22.9% CIS cell efficiency record, while its full modules average lower and peak at 180 W. MiaSolé’s flexible CIGS thin-film modules average 16.5% efficiency and may peak at 250 W.
Efficiency comparison of the best performing cells and modules. Credit: Fraunhofer ISE
Comparatively, a typical 60-cell c-Si module averages a power output between 250 and 350 W with an efficiency more near 18 or 19%, with high-efficiency brands performing even better. One would need more thin-film modules and more area to produce the same power as a smaller group of c-Si. Crystalline silicon modules are just more consistently dependable for the majority of solar markets, and that’s why they are the dominant panel choice.
Thin-film market plans
No single thin-film brand appears to be making a grab for c-Si’s market share in the United States. First Solar is expanding its CdTe manufacturing but that’s because it has found that utility-scale sweet spot and is dominating globally. Most CIGS and CIS manufacturers market themselves as niche products.
MiaSolé semi-rigid CIGS modules were initially designed for commercial rooftops, but the company has since branched out into emerging markets like transportation and commercial trucks. When it comes to traditional solar applications, MiaSolé’s best play is its light weight.
A MiaSolé flexible CIGS module.
“We’ve been going after niche markets. We’re looking for projects that silicon can’t go on. Anything where there can’t be penetration on rooftops, we’d be a good market,” said Peter Park, product manager with MiaSolé. “We don’t really view that we’re going after the same market as silicon. We’re going after what silicon can’t do.”
CIGS manufacturer Sunflare also works with nontraditional solar markets like transportation, marine and modular/tiny home applications. The company has been working to improve the manufacturing process at its plants in Sweden and China to increase thin-film adoption.
“With our new proprietary CIGS manufacturing process, Sunflare has eliminated the issues of the past. Even though CIGS has been around, Sunflare is at the beginning of this technology life cycle,” said Elizabeth Sanderson, Sunflare chief marketing officer. “We expect there to be significant improvements, just as you’ve seen in the lifecycle of silicon. Over time, we expect increases in performance, especially in areas where CIGS has always had an advantage, such as low light capture and better temperature coefficients.”
Sunflare CIGS cells are placed on a stainless steel substrate that is encapsulated between polymer sheets. Each Sunflare cell is manufactured individually, so the company can produce a range of module sizes, although it does make a traditional size for the commercial roofing market equivalent to a 60-cell c-Si module.
“Sunflare performs best on commercial roofs where weight and multiple penetrations are a major issue,” Sanderson said. “Sunflare is 86% lighter than traditional commercial roofing installations. There is no need for racking or heavy ballast. To reduce shading issues, we’ve integrated bypass diodes at every cell. Therefore, shading doesn’t affect our modules like traditional solar.”
A ground-mount project with Solar Frontier CIS modules.
Thin-film’s better resistance to shading is its strongest case for the residential market. Solar Frontier has found utility-scale success with its CIS thin-film, but it also heavily markets its anti-glare black modules to the residential space, especially in its home country of Japan. But if a homeowner has a roof clear of obtrusions and shade, c-Si will produce more energy with fewer panels.
The economies-of-scale argument will continue to exist for thin-film as companies try to improve output and efficiency. Park said that MiaSolé is pushing its manufacturing capacity (from plants in California and China) to 1 GW, and that will bring costs down and allow the CIGS modules to become more competitive with c-Si. But for now, the company—along with many of its competitors—is aligning itself with “lifestyle” markets.
“Our new motto is ‘mobile energy now,'” Park said. “When you’re anywhere that’s on-the-go, we provide that energy. As things get more innovative, you’re going to see more solar on cars and different devices. Despite the rollercoaster of solar, many companies have gone away but we’re still a key player in the market. We’re not going away. Thin-film has a place in this world.”
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Thin Film Solar Cells market set to reach US$ 16.3 billion revenues by 2026
Market Scenario
Global Thin Film Solar Cells Market was valued US$ 16.3 Bn in 2017 and is projected to reach US$ 42.8 Bn by 2026 at a CAGR of 12.8 % during the forecast.
Global thin film solar cells market is segmented by product, by end use, and by region. Based on product, thin-film solar cells market is segmented into cadmium telluride (CdTe), copper indium gallium diselenide (CIGS), and amorphous thin-film silicon. Residential, commercial, and utility are end users of thin film solar cells market. Geographically, thin film solar cells market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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Increase in awareness toward boosting green energy, a rise in energy consumption, rapid installation flexibility, and cost & performance efficiency of thin film solar cell drives global thin film solar cells market. Reducing renewable tariff subjected to increasing competitive demand may positively influence industry growth. Increasing electricity demand mainly from rural area among developing countries coupled with regulatory measures toward energy conservation will accelerate the thin film solar cells market. Reducing renewable tariff subjected to increasing competitive bidding may positively impact market growth. High initial manufacturing cost and technological complexity concerned with the use of thin-film solar cells are predicted to hamper the market growth.
Global Thin Film Solar Cells Market
CIGS technology is gaining more popularity than other thin-film technologies. CIGS cells offer high efficiency and combined advantages of both c-Si, which claim potential advantages on cost, flexibility, weight, and manufacture ability and cheaper manufacturing process. A lot of venture capitalist firms are investing in CIGS technology, CIGS segment is expected to capture the maximum share in the thin film module market.
Commercial thin film solar cells dominated the market in 2017 and in term of a volume is anticipated to witness growth over 15% by 2026. Growing demand for uninterrupted power supply from rural or developing areas will favor the industry growth. There has been increased in production plant manufacturing commercial thin-film solar cells. Worldwide, about 34 companies are actively developing thin-film PV technologies.
In 2017, Europe dominated the thin film solar cell market, in terms of both value and volume. Middle East & Africa is expected to witness the highest growth rate during forecast, owing to the continual occurrence of solar radiation and high use of renewable energy due to the extensive use of hydropower.
Oxford Photovoltaics, Hankey Asia Ltd., Global Solar, Inc., Xunlight Kunshan Co. Ltd., Kaneka Corporation, First Solar, Ascent Solar Technologies Inc., MiaSole Hi-Tech Corp., Trony Solar, and Mitsubishi Electric US, Inc. are major players in thin film solar cell market.
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Scope of the Global Thin Film Solar Cell Market
Global Thin Film Solar Cell Market by Type:
• Cadmium Telluride • Copper Indium Gallium Diselenide • Amorphous Thin-film Silicone Global Thin Film Solar Cell Market by End User:
• Residential • Commercial • Utility
Key Player analysed in Global Thin Film Solar Cell Market:
• Oxford Photovoltaics • Hankey Asia Ltd. • Global Solar, Inc. • Xunlight Kunshan Co. Ltd. • Kaneka Corporation • First Solar • Ascent Solar Technologies Inc. • MiaSole Hi-Tech Corp. • Trony Solar • Mitsubishi Electric US, Inc. • United Solar, Inc. • Solar Frontier K.K. • Solopower Systems • General Electric • Sharp Corporation • XsunX Inc.
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