Featured in Turkey – 04-2014

Photovoltaics: beyond cost reduction

Cost reduction: Photovoltaics may become a terawatt-scale renewable energy technology within a decade. To get to that level and be able to grow further, low cost alone is not sufficient. It is necessary to address other growth factors in time, argues Wim Sinke.

Over the past few years PV solar energy has attracted broad international attention because of drastic cost reduction and price erosion across the board. Although the latter has caused margins to shrink (or even disappear altogether) and slowed down global PV innovation, it has also had the positive effect of bringing self-sustained markets closer. This …

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