This article serves as a summary of the state of thin-film photovoltaic cell technology, circa February 2008. It notes that thin-film technology is rapidly taking increasing its share of the solar market (from 6% to 44% in the US in under three years). Particular attention is given to First Solar’s 40MW solar field, in the process of being installed at the time in Saxony, Germany. This €130M facility has achieved the lowest per watt installed price (€3.25/W) to date. The authors also excitedly notes an announcement that Sharp is building a 1000MW thin-film factory in Japan by 2010, which they believe will significantly reduce the manufacturing costs of PV. They conclude that cost reductions and economy-of-scale gains in thin-film PV technology will “potentially make solar electricity price-competitive with grid-parity electricity int he not-too-distant future.
Read the full article here.Tagged with: PV • solar • thin-film