
Recent climate targets supported by China and the U.S. state a common goal of 17% emissions reduction, which is equal to slightly more than a 40% reduction in emissions intensity by 2020.
Energy from renewable sources, including solar photovoltaics (PV), is expected to play a key role in reaching this target.
The current market for solar PV is dominated by crystalline silicon solar panels.
This technology likely will continue to dominate the residential and commercial rooftop markets because of higher efficiency and rapidly falling costs.
The largest contributor to the cost of crystalline silicon solar installations is the highly purified polysilicon raw material for the PV cell wafer substrate.
It accounts for as much as half of the solar module cost and more than 10% of the total installation cost.
Supply shortages in 2008 drove the price of this material to more than $300 per kilogram.
Since then, silicon refining capacity has caught up with the solar industry's growth, reducing prices to less than $50 a kilogram.Read more
Bookmark/search this post with: