Globaldata's New Report - Concentrated Photovoltaic (CPV)

March 29, 2011 - PRLog -- CPV is an upcoming renewable market which promises to provide cost-effective power generation at high levels of efficiency. Presently, the global CPV cumulative installed capacity is 23 MW. The technology is still developing and so most CPV projects are in the pilot or prototype stage. Guascor Foton’s Navarre power plant and Murcia power plant are the largest CPV plants with installed capacities of 7.8 MW and 2 MW respectively. Globally, Spain has the largest market for CPV installations. In the US, the major emerging companies are SolFocus, Amonix, EMCORE and Skyline Solar. European companies such as Concentrix, Abengoa Solar and ArimaEco have also started making progress in the CPV market.

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The CPV market is expected to grow dramatically over the next three years. Companies that have successfully operated CPV prototype systems in pilot locations are progressing towards multi-megawatt CPV projects. With an increased understanding of CPV in terms of technology and investment, most of the players have plans for large-scale CPV projects. Companies such as SolFocus, Amonix and ArimaEco are planning to expand their production capacities in order to meet the upcoming demand. Countries such as Italy, China, Australia, India and South Korea are proving to be important emerging markets in the CPV industry. Italy’s CPV FIT program and China’s low-cost production and high DNI in western region are attracting CPV investors in these countries.

“Concentrated Photovoltaic (CPV) - Global Installation Size, Cost Analysis, Efficiencies and Competitive Analysis to 2020” is the latest report from GlobalData, offers comprehensive information and understanding of the market trends in global concentrated photovoltaics industry.

The research provides an understanding of the global CPV market and also provides market analysis of the US, Spain, China, Italy and Australia CPV markets. The research provides historical and forecast data to 2020 for installed capacity, power generation and cost trends. The report also details the installed capacity split by concentration (HCPV and LCPV), major countries and major players in the global CPV market. The report analyses renewable energy initiatives with policy framework in countries such as the US, Spain, China, Italy and Australia.

The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s Team of industry experts.

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