Photovoltaics beyond Conventional Silicon: Investment Forum
In 2006, global cell production grew by 41%, reaching nearly US$20 billion of installed systems and components. The global cell production recorded showed growth across all of the geographic regions, with Japanese production the slowest because of the effects of poly-silicon shortage, and the production in the Rest of the World (RoW) category the strongest.
Global cell production until 2006 (MW DC). Source: PV News
In 2007 the global photovoltaic market grew by over 40%, with approximately 2.3 GW of newly installed capacity. Today, the global cumulative installed capacity has reached 9 GWp (source: EPIA).
93% of the photovoltaic market in 2008 is based on crystalline silicon, and just under 7% on amorphous silicon types. Both are expensive, rigid and brittle due to the limitations of silicon.
Silicon shortage has been a driver for technologies not based on Si. Many alternatives are now available, such as Copper-Indium-Gallium-Selenide (CIGS) technologies, Dye-Sensitized Solar Cells (DSSC), CdTe, organic PV to name a few. Printed inorganic versions and new technologies such as carbon nanotubes and quantum dots have relevance too. Some of these are expected to achieve grid-electricity prices. Silicon cost and shortages are not an issue in these technologies and achieving grid-electricity prices becomes a very realistic prospect. With massive opportunities, there will be many successes.
For the first time IDTechEx is holding an investment forum during the main conference; dedicated to bringing together venture capitalists / investors with companies seeking investment covering the latest and best in photovoltaic technology beyond conventional silicon.
Analysts IDTechEx will introduce the latest progress in this sector, such as fund raising so far, undersupplied sectors and company profiles. A panel of VCs will then cover their thoughts on the sector and company profiles they seek for investing. This will be followed by a range of companies who seek investment giving overviews of their proposition and technology.
Companies involved or intending to be involved in any part of the photovoltaic value chain and seeking funding should attend this event. There will be ample time to have one-to-one discussions during the conference.