Although cumulative High Concentration Photovoltaics (HCPV) installed capacity represents only about 30 MW (less than 1% of the total PV market), it is currently at an inflection point to be deployed in utility-scale applications in some sunny locations and could surpass 1GW of yearly installed capacity in 2018. HCPV system technology providers like Amonix, Soitec/Concentrix and SolFocus have recently developed significant installation project pipelines. Such a growing market reveals the strong attention of numerous industrial players mainly coming from LED and microelectronic industry that see in HCPV the opportunity to use their expertise in III-V semiconductor technology to diversify their business. However, the HCPV technology is in general still struggling with low bankability and low interest of utility companies mainly due to short system field performance track records and the high cost of installed system. Beside of going to mass production of HCPV systems, a substantial system cost reduction could be enabled for instance by using of larger (6-inch) substrates for solar cell growth, by increasing the cell efficiency over 40% using new cell material, structures or deposition techniques, by increasing the light concentration ratio, by improving the module design, etc. Therefore, there is still a lot of room for companies coming with novel approaches. Much effort has to be made in all technological segments to develop more efficient, more reliable and durable HCPV systems for a competitive price and to provide independent data about their field performance at different locations.
This webcast will highlight:
- Advantages and drawbacks of different solar technologies for electricity production.
- Main market technology drivers and market barriers for the HCPV development.
- Levelized Cost of Electricity for HCPV and main factors for its reduction.
- Overview of all elements of the HCPV value chain (wafer, epiwafer, cell, optics, module receiver, tracker,…), their requirements and technological challenges.
- Brief overview of technology suppliers for each element of an HCPV system.
- Forecast and market metrics of the HCPV business until 2018.
Milan ROSINA, Ph.D. is analyst at Yole Développement for photovoltaic market & technologies. He received his Ph. D. in 2002 from the INPG in France. He gained experience as a research scientist in several renowned R&D institutions & industrial companies where he worked in the field of microelectronics, PV, LED & nanotechnology.