| Thin Film Technology share in solar panel market to double by 2013 |
|
2009-11-12
Research firm iSuppli forecasts, in a new report out this week, that the thin-film technology will more than double its share, from its current share of around 15% to reach a share of 31% in 2013, of the solar market by 2013 because of the large cost advantage. Thin film technology is already significantly cheaper than traditional silicon solar cells. The price of solar panels has fallen dramatically since 2008 primarily driven by the many new Chinese suppliers, who have much lower production costs than American and European suppliers. The trend has been further strengthened by the considerable drop in silicon prices which led to the production, at the margin, becoming increasingly more dependent on the price of labor. iSuppli predicts that 2010 will be a tough year for solar panel manufacturers with continued intense price pressure. The price of panels based on thin film technology is believed to fall by 18% in 2010 to $1.4/watt while the price of conventional silicon panels is predicted to fall by 20% to $2/watt in 2010. The US giant First Solar is already producing at a price lower than $0.9/watt which is less than half of the cost of the competitors using silicon technology. 
Share Link: 
|
Subscribe to blog
The fund in short
Save Earth Fund invests in renewable energy, environmental technology and water management through actively managed funds, ETFs and stocks. The fund is the only of its kind in Sweden. Our aim is to generate a return that clearly exceeds that of the MSCI World index, with a lower than the average risk of environmental funds. No minimum investment. The management fee is 1%. Daily subscriptions/redemptions. Mr Carl Bernadotte, Mr Alexander Jansson and Mr Marcus Grimfors are responsible for managing the fund. Learn more about our managers here. |