Organic PV Not Ready for Primetime
A new report on the outlook for OPV suggests the technology will play a small role in the solar market through 2020.
Boston -- Organic PV (OPV), polymer-based solar that can be integrated into building materials, paints and clothing, is often hailed as the next step in solar technology. But don't expect OPV to make a splash yet: A new report out from Lux Research projects the market will only grow to $159 million in the next decade. By comparison, the U.S. PV industry (manufacturing, sales and installation) was worth about $6 billion in 2010, according to GTM Research and SEIA OPV can be produced quickly and cheaply on roll-to-roll manufacturing lines. However, as the Lux report points out, cell degradation issues and low efficiencies mean that OPV is not a viable alternative to conventional silicon PV and leading thin films – and won't be in the next decade. Companies producing OPV devices have recognized this, and are mostly focusing on charging applications (solar cells on backpacks) and remote power applications, rather than trying to make the jump to grid-based electricity production. “While part of OPV’s appeal is the hope of low costs, we found it won’t beat crystalline silicon or inorganic thin film on cost per watt,” said Alex Carter, a Lux Research Associate and the report’s lead author. “As a result, developers will focus on niche applications where OPV provides other capabilities like transparency and flexibility.” The report, titled estimates prospective growth for OPV modules, which use organic (carbon-containing) polymers or molecules to convert light to electricity. The report calculates adoption potential for OPV’s two main technology categories – bulk heterojunction (BHJ) OPV devices and dye-sensitized solar cells (DSSC) – in five different market segments: building integrated photovoltaics (BIPV), developing world applications, defense, consumer electronics, and signage. To estimate likely prospects for OPV through 2020, Lux Research calculated the total market size addressable by OPV in the five segments listed above. It then projected potential market share for both BHJ OPV and DSSCs. Among its key findings:
For a discussion on how to test and evaluate organic PV technologies, watch the roundtable below.
3 Reader Comments
|
REW.com Editors
Recent News |
1 of 3
Mark Twain