Abstract
DESCRIPTION
Technology on the way to the utility market Growing interest for III-V players
INDUSTRY SUPPLY CHAIN
The growing HCPV market reveals a strong attention of numerous industrial
players. Indeed, HCPV technology development requires knowledge from various
technology fields and therefore many technology players (wafer manufacturers,
epi-foundries, IC companies, mechanical engineering companies, etc.) could
take part in this development. Although HCPV market is shared currently mainly
between a few established players with long project track records and
important pipelines for new installations, like Amonix, Soitec and SolFocus, a
fast growing HCPV market will provide new opportunities also for newcomers
coming with novel approaches.
HCPV system - a multicomponent and multidisciplinary system
Source: Yole Devéloppement
The compatibility of all HCPV system components is crucial for maximizing the
system performance, reliability and durability as well as for decreasing its
cost. Such compatibility could be well controlled by a vertically-integrated
player that covers the whole technology chain. However, the current small HCPV
market size does not enable the advantages of a vertical integration as known
from the flat-plate PV. Such integration would entail high economic risk.
Therefore, the HCPV supply chain is currently very dispersed and system
elements are supplied by a big number of players accounting for 80+ companies.
However, there is an increasing demand for stronger cooperation between
different technology players in order to improve the performance of HCPV
systems and to lower the manufacturing costs.
An exhaustive list of the main players with their key characteristics for each
element of the HCPV supply chain, their position on supply value chain and
their geographical localization is given in this report. The examples of
strategic partnerships and relationships as well as the level of integration
of the main players allow to identify the main trends within the HCPV supply
chain.
DEEP INSIGHT INTO HCPV TECHNOLOGIES
This report provides an detailed overview of all information needed to
understand the challenges related to HCPV system components: wafer, epiwafer,
solar cell, receiver module, concentrating optics, HCPV module, inverter and
tracking system. The analysis of different approaches allows to identify the
main technology trends, materials and manufacturing techniques used. It helps
to evaluate the feasibility of mass-scale manufacturing of different HCPV
components and the performance of different complete systems in real
conditions.
Today, HCPV solar cells are typically grown in multijunction design on 4"
germanium substrates. Although the cell is accounting for 10-20% of total
system cost, there is a significant potential for its cost ($/W) decrease.
Epiwafer Market(M$)
Source: Yole Devéloppement, September 2011
This could be done by new cell designs, manufacturing processes and by using
larger wafers. Indeed, 6" wafers are already commercially available by major
Ge wafer producers, such as Umicore. However, because of some limitations of
Ge-wafer-based multi-junction cells, several companies, such as Spire and
Solar Junction are already investigating GaAs as an alternative material. The
recent efficiency records obtained by Solar Junction on cells grown using GaAs
substrate demonstrate the high potential of this substrate. If produced at
competitive cost, HCPV cells on GaAs could increase their market share in the
market dominated today by germanium substrate.
MULTI-MW PROJECT PIPELINE INDICATES THE HCPV MARKET BREAKTHROUGH
Although cumulative High Concentration Photovoltaics (HCPV) installed capacity
represents only about 30 MW (less than 1% of the total PV market), it is
currently at an inflection point to be deployed in utility-scale applications
in some sunny locations and may surpass 1GW of the new yearly installed
capacity in 2018.
Indeed, in locations with very high Direct Normal Irradiation, HCPV is already
proposing a lower levelized cost of electricity (LCOE) than flat-plate PV.
Moreover, HCPV has high, still unused potential for cost decrease, mainly by
increasing system efficiency and manufacturing volume.
Several multi-megawatt projects announced within the last months are
indicating that the HCPV technology is beginning its transition from R&D
development and small demonstration projects to utility-scale installations.
The massive increase of production capacities mainly in the USA will strongly
support the HCPV entry to the electricity business.
BENEFITS:
KEY FEATURES OF THE REPORT
- 2011-2018 forecast for HCPV installations and wafer and epiwafer
demand for HCPV cells.
- Detailed description of all elements of HCPV supply chain with
their requirements and challenges. An overview of different technological
approaches is given for each element.
- List of main suppliers for each HCPV system element (wafer,
epiwafer, cell, optics, tracker, ...).
- Deep analysis of suited locations for HCPV installations that
enable to identify the future markets but also the future partners and
specific technology requirements on HCPV system components.
WHO SHOULD BUY THIS REPORT?
- Equipment, Material and Component Suppliers
- Evaluate the market potential for your company based on HCPV market
demand forecast through 2018.
- Identify technology trends, challenges and requirements of all elements
of HCPV systems (Ge & GaAs wafer, III-V cell, receiver module, optics,
module, tracker, inverter,...).
- Investors and Utilities
- Learn about the technology needs for HCPV large-scale deployment, about
market drivers and barriers and about site requirements for HCPV
installations.
- Monitor the divers technological approaches in the HCPV equipment &
material business in order to identify the rights partners, targets and take
the right decision before committing to one particular supplier.
COMPANY INDEX
10x Technology, 3M, Abengoa Solar, Amonix, Arima, Arima EcoEnergy, Azur Space,
AXT, Browave, CESI, Chevron, CompSolar, Concentrator Optics GmbH, Concentrix
Solar, Cool Earth Solar, Cyrium, DEGEREnergie, Daido Steel, Delta Electronics,
DongFang Electric Corporation, Edmund Optics, Emcore, Energy Innovations,
Envoltek, Epistar, ES systems, EverPhoton, Evonik Industries, Freiberger,
Fresnel Optics GmbH, Green and Gold Energy, GreenVolts, Guascor Foton,
Heliotrop, Hitachi Cable, Hokuang Optics, Indra, IQE, Isofoton, Isuzu Glass,
JDSU, Kimoga, LPI, M-Com, Magpower, Microlink Devices, Microsharp Solar,
Mitsubishi Chemicals, Morgan Solar, Opel Solar International, Quantasol,
Pairan, PBT Silicon, Powercom, Probright, Pyron Solar, Renovalia, RFMD, SanAn
Optoelectronics, San Diego Gas & Electric, Semprius, Sener, Sharp, Silex
Systems, SOITEC, Sol3G, Solapoint, SolarTec International, Solar Junction,
Solar Systems, Solergy, SolFocus, Soliant Energy, SMA, Southern California
Edison, Spectrolab, Spire Semiconductor, Spirox, Sumitomo Electric Industries,
Suncore Photovoltaic Technology, Sungri, Sylarus Technologies, Titan Tracker,
Tong Hsing Electronic Industries, Umicore, VPEC, Zenith Solar...
BIO
Milan ROSINA is a full time analyst at Yole Devéloppement for
photovoltaic market & technologies. He received his Ph. D. in 2002 from the
INPG in France.
Arnaud DUTEIL is a full time analyst at Yole Devéloppement. He
has performed several market researches & technology analysis in the
photovoltaic field.
ABOUT YOLE DEVÉLOPPEMENT
Beginning in 1998 with Yole Devéloppement, we have grown to become a group of companies providing market research, technology analysis, strategy consulting, media in addition to finance services. With a solid focus on emerging applications using silicon and/or micro manufacturing Yole Devéloppement group has expanded to include more than 40 associates worldwide covering MEMS and microfluidics, Advanced Packaging, Compound Semiconductors, Power Electronics, LED, and Photovoltaic.
REPORT OUTLINE
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- Publication type: Technology, Applications, Industry & Market Report
- Released date: October 2011
- Number of slides: 200 slides
- Format: PDF + Excel files
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Table of Contents
- List of Acronyms
- Objectives of the report
- Executive Summary
- Introduction
- Solar Electricity Generation
- PV, HCPV and CSP technologies
- HCPV within the PV technologies
- HCPV Market Development
- Suited Locations for HCPV
- Market Drivers
- Market Barriers
- HCPV installations until 2010
- 2011 to 2018 Market Forecast
- Assumptions
- Wafer Market
- Epiwafer Market
- HCPV Installations
- Cost of HCPV
- LCOE
- HCPV System Cost Breakdown
- How to Reduce LCOE for HCPV?
- HCPV System Components
- Summary
- Overview
- Wafer
- Epiwafer
- Solar Cell
- Receiver Module
- Concentrating Optics
- HCPV Module
- Inverter
- Tracking System
- HCPV System
- HCPV Technology Roadmap
- HCPV Supply Chain
- Positioning of the HCPV Players
- Strategic Partnerships and Relationships
- Overview of HCPV suppliers
- Localization of the HCPV Players
- General Conclusion
