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CPV reaches for more sunlight

Post Time:Dec 17,2009Classify:Industry NewsView:104

As young and developing as the solar photovoltaics industry is today, concentrating photovoltaics finds itself in an even more nascent stage, fighting for visibility and funding in a burgeoning solar market. The CPV industry is about where the thin-film PV industry was seven or eight years ago, struggling for bankability, according to Nancy Hartsoch, director of the CPV Consortium (Sunnyvale, Calif.).

There is a long list of CPV companies in the solar industry — close to 40 in all — but only a few of them are likely to survive, said Eric Wesoff, senior analyst for Greentech Media. "That's not cynical," he said. "That's just venture capital odds," according to a Dec. 15 PVSociety.com report.

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