14 Dec 2012 04:12:55
2013: realising CPV's potential
Whilst companies such as Green Volts and Skyline Solar have been unable to make CPV profitable and have closed their doors, the potential gains to be made from CPV are huge. In growing solar markets such as Latin America, and the Middle East. Soitec are about to open a new factory in California and companies are increasingly investing time developing project and manufacturing facilities far from their HQ.
According to reports 27% of CPV market share by 2015 and with projects deployed at a much larger scale higher volumes could see CPV system costs greatly depreciating especially with increased standardisation.
However the challenge remains, can companies actually make these commercialisation and bankability milestones, when faced with commercialisation chicken and egg problems? Getting financing continues to be a major difficulty especially in Europe. Developing joint ventures appears to be one way to get into new markets and develop a more sustainable business model.
PV Insider, the CPV intelligence & news provider has produced “Taking CPV in New Directions: 2013”a guide to the regulatory environments for the hottest markets for CPV In 2013 as well as the publishing the revealing results of an industry survey revealing the 2013 industry and company priorities for CPV. In the survey over 79% of respondents said the industry should focus on driving down costs in 2013.
The complimentary guide is available to download from PV Insider, and provides crucial intelligence on new markets and industry priorities.
• The regulatory environments in Saudi Arabia, Chile, Morocco and China, detailing solar targets and bidding timelines.
• 2013 industry and company priorities from an industry-wide CPV survey conducted by PV Insider.