© EnergyBusinessReports.com Solar PV Market Potential Table of Contents Executive Summary ....................... 7 Applications of Solar PV .............. 54 Introduction ..................................... 8 Stand Alone PV Systems ............... 54 Energy from the Sun ....................... 8 Photovoltaic Power Station ............ 55 Advantages & Disadvantages of Solar PV in Buildings .............................. 56 Power ............................................... 10 Photovoltaics with Battery Storage Availability of Solar Power ............. 11 ......................................................... 57 Applications of Solar Technology ... 12 The Concept of PV Storage ............ 57 Solar Thermal Energy .................... 34 Rural Electrification ...................... 58 Solar Updraft Tower ....................... 34 Connecting Generators with PV .... 58 Storing Solar Energy ...................... 38 Utilities with a Grid-Connected PV Solar Thermal Technologies ........... 39 System ............................................ 59 Hybrid Power Systems ................... 60 Introduction to Solar Photovoltaics Distributed Generation & PV ........ 60 ............................................................. 40 Small Scale DIY Solar Systems ..... 63 Overview .......................................... 40 History of Solar Cells ...................... 42 Solar PV System Performance.... 65 Three Generations of PV Cells ....... 44 Applications ..................................... 47 Photovoltaic Industry Value Chain Sunlight Conditions for Using Solar PV Analysis ............................................ 67 Feedstock Component .................... 67 Cells ................................................. 47 Profiling Solar Cells and Module Impact of Weather Conditions on PV Manufacturing ................................ 70 Cells ................................................. 50 Balance of System .......................... 71 PV Technology in Isolated Generation .......................................................... 50 Silicon Feedstock Market Analysis Impact of Photovoltaic Cells on the ............................................................ 74 Environment ................................... 51 Shortage of Silicon ......................... 74 No material contained in this report may be reproduced in whole or in part without the express written permission of Energy Business Reports. 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Solar PV Market Potential © EnergyBusinessReports.com Polysilicon Market Statistics ......... 75 ArcticSolar AB ................................ 224 Cost Analysis .................................. 77 Asia Silicon Co., Qinghai ................ 225 Manufacturers of Electronic Grade ASE Americas Inc ........................... 226 Silicon .............................................. 79 AstroPower Inc ............................... 227 Manufacturers of PV Grade Silicon Atlantis Energy Inc ........................ 228 ......................................................... 80 Baodiang Tianwei Yingli Green Energy Dealing with Silicon Recycling ...... 81 Solar Company ................................ 229 Major Silicon Recyclers .................. 83 Big Sun Energy ............................... 230 Outlook: Silicon Recycling .............. 89 BP Solar International ................... 231 Canadian Solar Inc. ........................ 233 Film Photovoltaics Analysis ........ 90 Canon .............................................. 234 Major Players .................................. 92 Central Electronics Ltd. ................. 235 Global Solar Photovoltaic Market China Solar Power (Holdings) Ltd. 236 Overview .......................................... 111 China Sunergy ................................ 237 Present Market Size ....................... 112 China Xianjiang SunOasis Ltd. ..... 238 Solar PV Manufacturers ................ 114 CSG Holding ................................... 239 Market Growth ............................... 118 Deutsche Solar AG .......................... 240 Production Market Overview ......... 122 Ebara Solar ..................................... 241 Country-wise Analysis ................... 123 Elkem .............................................. 242 Outlook – Global Solar PV Capacity Entech Inc ....................................... 243 ......................................................... 165 EPV Energy Photovoltaics Inc ....... 244 ErSol ................................................ 245 Production Statistics for Solar Ertex Solar ...................................... 246 Photovoltaic Cells .......................... 169 Evergreen Solar .............................. 247 Regulatory Framework ................ 172 Ever-Q ............................................. 249 Renewable Energy Targets ............ 172 First Solar ....................................... 250 US Federal & State Incentives ...... 182 Free Energy Europe S.A. ................ 251 International Policies ..................... 187 GT Solar .......................................... 252 Kyocera ............................................ 255 Economics of Solar PV .................. 217 Mitsubishi Electric Corporation .... 257 Major Players in the Global Solar PV Photowatt International ................. 258 Industry ............................................ 220 PowerLight Corporation ................. 259 Aixin Silicon Sci-Tech Industrial Park Sanyo Electric ................................. 261 ......................................................... 220 Sharp Electronics ............................ 262 Akeena Solar, Inc ........................... 221 Shell Solar ....................................... 263 Amonix Incorporated ...................... 222 Siemens Solar ................................. 265 2 © EnergyBusinessReports.com Solar PV Market Potential Spire Corporation ............................ 266 SunPower Corporation.................... 268 TerraSolar, Inc. ............................... 270 United Solar Ovonic ........................ 272 Appendix ........................................... 273 Glossary ............................................ 281 About the Publisher ....................... 305 3 Solar PV Market Potential © EnergyBusinessReports.com List of Figures and Tables Figure 16: Installed Solar PV Generating Capacity of Austria 1990- Figures 2006 by Application ............................... 123 Figure 17: Installed Solar PV Capacity in Australia (1995-2006) ....................... 126 Figure 1: Breakdown of Incoming Figure 18: Installed Solar PV Capacity Solar Energy .......................................... 9 in Canada (1995-2006) .......................... 134 Figure 2: A Solar Cell Made from a Figure 19: Installed Solar PV Capacity Monocrystalline Silicon Wafer .............. 42 in France (1995-2006) ........................... 141 Figure 3: Worldwide Solar Insolation Figure 20: Installed Solar PV Capacity Levels ..................................................... 49 in Germany (1995-2006) ....................... 145 Figure 4: Hybrid Power Systems .......... 60 Figure 21: Development of Grid Figure 5: Conventional Distribution Connected PV Capacity in Germany .... 149 Network .................................................. 62 Figure 22: Installed Solar PV Capacity Figure 6: A Distribution Network with in Japan (1995-2006) ............................. 153 Distributed Generation ......................... 63 Figure 23: Installed Solar PV Capacity Figure 7: Production of Electronic in United States (1995-2006) ................ 162 Polysilicon in MT ................................... 76 Figure 24: Installed Solar PV Figure 8: Development of Cumulative Capacity, MW, 1990-2010 ..................... 167 Installed Global & EU PV Capacity ..... 112 Figure 25: Installed Capacity in the Figure 9: Annual Market (MW) and Low Forecast by Region, MW, 1990 to Annual Growth Rate (%) ....................... 113 2010 ........................................................ 168 Figure 10: Production of Solar Cells by Figure 26: Solar PV Cells Production, Country, MW ......................................... 116 MW ......................................................... 169 Figure 11: Growth of Capacity by Figure 27: Prices Compared with Manufacturers, 2005 to 2007 ................ 117 Shipments 1975-2006 $/Watt ............... 218 Figure 12: Global PV Capacity Growth Figure 28: Parabolic Trough ................