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Energy & Resources

Photovoltaics: Markets and Technologies  

Report Code: EGY014E, Published: June 2005

 

Click here for an updated version:  EGY014F

Upcoming Report: EGY014G - Due December 2010

 
 

REPORT HIGHLIGHTS

  • Total shipments of photovoltaic (PV) modules were estimated at 973.1 megawatts in 2004 and are expected to rise at an average annual growth rate (AAGR) of 23.8% to reach 2,783.1 megawatts by 2009.
  • Silicon technology accounted for approximately 90% of the PV market in 2004 and will continue to dominate through the end of the forecast period. Multicrystalline silicon represents the highest volume.
  • Recent improvements in their efficiency and the advent of flexible substrates, will provide thin film technology with continued growth.
  • New technologies, such as dye-sensitized solar cells and modules made by nanotechnology processes, are projected to account for 19.7 megawatts by 2009.

Report Code: EGY014E, Published: June 2005, Analyst: Robert Moran

 
 

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