SolarXTRA • news digest
Solar PV market in Japan and South Korea “is tremendous” - Feb 5, 2010
Strong government support and attractive FiT schemes have ramped up revenues of the solar PV market in Japan
and South Korea.
A “tremendous” market has opened up for solar photovoltaic
(PV) systems because of the adoption by high-end users of
clean-energy technologies in South Korea and Japan, according
to a new report.
The Frost and Sullivan North Asian Solar PV Systems Market
Outlook said a global decline in prices, attractive feed-in-tariff
.com
(FiT) schemes and government support will ramp up the revenue
of solar PV, which in turn could see an increase in solar cell
manufacturers entering the market to meet demand.
Japan, South Korea and Taiwan have committed under the Kyoto
Protocol to fixed targets to reduce emissions and solar PV is one
way to achieve them, said Suchitra Sriram, programme manager
-management
at Frost and Sullivan.
-pv Ms Sriram stated that FiTs “in Japan and South Korea and the introduction of the Renewable Energy Development
Act in Taiwan are expected to propel the market for on-grid solar PV system installations for both distributed and
centralised solar power plants”.
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solar
The analyst also reported that New Zealand and Australia have enjoyed successful solar PV installations as it is not
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economically or technically viable to extend grid coverage across vast territories.
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AXT given Ge substrates contract to further solar cell efficiency - Feb 3, 2010
Previous success at increasing efficiency rates for triple junction
CPV solar cells has supported a new five-year contract between
AXT and AZUR SPACE.
A five-year contract has been awarded to compound
semiconductor substrate manufacturer AXT by solar cell
organisation AZUR SPACE.
The contract for germanium (Ge) substrates comes off the
back of the two organisations previously enabling a 40 per
cent conversion efficiency rate for triple junction concentrated
photovoltaic (CPV) solar cells, as well as an average 30 per cent
rate for triple junction gallium arsenide (GaAs) space solar cells.
Ge is used to produce devices for PV applications, with Europe continuing to lead the way with investment in solar
energy, AXT said.
However, government subsidies in Australia, Asia and the United States have helped to promote such technology on a
more global scale.
Commenting on the contract, Morris Young, chief executive officer of AXT, said: “We are excited that our collaboration
over the past months has resulted in one of the highest conversion efficiency rates in the industry, further advancing
the potential of this important triple junction CPV technology.”
AXT previously announced its third quarter results for 2009 which showed that total GaAs substrate revenue was up
from the second quarter due to increased demand, especially for six-inch substrates.
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