Featured in The turning point – 05-2011

Thin film takes the steering wheel

Thin film: The ultimate success factor for any PV technology to be competitive is the value of “electrons” it delivers. The most common determining metric here is levelized cost of electricity, calculated based on the present value of all costs required to produce electricity from a photovoltaic panel and also on the present value of expected energy production over the life of the PV system. Oerlikon Solar’s Chris O’Brien elaborates.

The three most important parameters that help in driving the Levelised Cost of Electricity or LCoE, as it is known for short, are the following: system cost per watt (which entails the panel in addition to the balance of system), the solar irradiation and the energy yield, and last but not least, financing costs. This …

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