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PV materials sector to reach $600M sales by 2016

Posted: 25 Mar 2009 ?? ?Print Version ?Bookmark and Share

Keywords:photovoltaics sector? sales materials PV? solar cells?

Sales of materials for both pure organic solar cells (OPV) and hybrid organic/inorganic dye-sensitized solar cells (DSC) are expected to reach almost $600 million by 2016, according to NanoMarkets' Organic Photovoltaic Materials Markets: 2009-2016 report.

The report further noted that the willingness of materials firms to meet the small demands from organic PV manufacturers today stands a good chance of being rewarded with substantial orders today.

As there are no settled architectures or materials structures for organic PV, there is considerable potential for materials firms of all sizes to set industry standards. According to NanoMarkets, three areas of special opportunity are more efficient organic absorber materials; improved electrode materials; and new layers for OPV cells that enable these cells to leap to greater energy conversion efficiencies. Regarding new materials, the new NanoMarkets report discusses in depth the role of nanomaterials and new dye types for DSCs. It notes in the latter case that today s DSCs use ruthenium, one of the rarest metals on the planet.

New materials and architectures will similarly spell opportunities for equipment makers. Today, OPV/DSC cell manufacturers require production equipment that is good enough for prototype production. The next step will be to create production equipment that is optimized for production runs of working devices. NanoMarkets believes that OPV may eventually be helped from the development of large scale manufacturing of OLED lighting applications, which are likely to be very similar to those required for OPV and DSC fabrication, so there may be some synergistic opportunities in providing production equipment for both applications.

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