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Is BIPV finally ready to take off?

Post Time:Jan 16,2009Classify:Industry NewsView:193

Advocates say BIPV [building integrated photovoltaics] technology could dramatically cut costs of manufacturing and installing solar power and could expand the solar market. The BIPV market in Europe, the biggest market for the technology, grew 43.8 percent last year to reach €142.6 million [US $186.4 million], according to an October report from research firm Frost & Sullivan, which predicted that the "explosive growth rate" would continue.

Another research firm, NanoMarkets, has forecast that the BIPV market will make up about US $800 million in 2011, exceed US $4 billion in global revenues by 2013 and surpass US $8 billion in 2015. While most BIPV products today are based on traditional crystalline silicon, with companies such as Sharp, Kyocera, General Electric, BP Solar, SunPower and Suntech Power involved in roofing tiles, advocates say that thin-film materials could revolutionize the market, enabling differently shaped products for new applications that crystalline panels can't address and potentially reducing building costs, according to a Jan. 16 report on RenewableEnergyWorld.com.

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