in News Departments > New & Noteworthy
print the content item

Dye-sensitized solar cell (DSC) technology has solid growth prospects, even as the overall PV industry is reeling from rapidly declining panel prices, cutbacks in government support and failing firms, according to a new report from industry analyst firm NanoMarkets.

NanoMarkets estimates that the total market value of DSC modules at the application level will grow from about $40 million in 2012 to over $500 million by 2015. Then, after building-integrated PV (BIPV) applications for DSC PV take off, the firm anticipates that DSC market value will exceed $4.4 billion by 2019.

At the same time, the market for DSC materials is expected to grow from a value of just under $12 million in 2012 to over $1.2 billion by 2019.

In the past two years, the DSC market has come of age and has moved out of its research and development phase. The performance of DSCs is now comparable with that of amorphous-silicon (a-Si) PV, but with much more potential than a-Si for performance improvements, according to NanoMarkets. DSC PV also offers the ability to be deployed on flexible substrates and perform under non-peak insolation.



Hybrid Energy Innovations 2015

Surrette_id1409
Latest Top Stories

Solar Helps Sunrise Powerlink Reach 1 GW Transmission Milestone

The $1.9 billion transmission infrastructure project is key to the success of the solar and wind power projects in California's Imperial Valley.


New York Raises Solar Net-Metering Caps As Part Of An Energy Initiative

Gov. Andrew Cuomo announced five significant steps to help improve New York's grid, develop more localized access to energy and encourage new business models.


Co-op Solar Procurement: Exciting Opportunity Or Grounds For Turf War?

Despite promising growth in the utility sector, further procurement of solar on utility co-op systems could be stalled.


Colorado PUC Rejects Xcel Energy's Solar*Connect Subscription Program

Citing a lack of demand and concerns over pricing, Colorado regulators wasted little time in dismissing the utility's community solar proposal.


NextEra To Purchase Majority Stake In Hawaiian Electric In $4.3 Billion Deal

If approved by shareholders and regulators, the merger of NextEra and Hawaiian Electric Industries will produce one of North America's largest renewable energy companies.

Hybrid Energy Innovations 2015
Maynards_id1471