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INDUSTRY I CPV


CPV market starts to gain momentum


Talk of a concentrating photovoltaic (CPV) market that is about to take off will court derision from some quarters, with sceptics arguing that they’ve heard it all before. But this industry has undoubtedly matured in recent times, and there is very good reason to believe that CPV deployments will rise and rise, offering a great opportunity for makers of triple-junction cells that can fulfil the wishes of their customers. Richard Stevenson reports.


n 2008 it looked like the CPV market was about to head into overdrive. Although projects in this industry, which uses mirrors and lenses to focus light onto triple-junction III-V cells, were typically for deployments of just a few hundred kilowatts, plans were in place to build far, far bigger plants. This included a staggering 154 MW installation in Mildura, Australia.


I But a few months later many of these plans were in tatters,


including the flagship project in Mildura. By then the credit crunch was wreaking havoc and many chastened investors were unwilling to take the risk of putting their cash behind a relatively new technology. The fledgling CPV industry was left treading water.


Since then the installed capacity of CPV across the globe has grown modestly – according to the CPV consortium, which


14 www.solar-pv-management.com I Issue VIII 2011


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