New technologies will push costs down, says Lux Research


New technologies are already flooding the PV sector with companies continually reporting the adoption of PERC or n-type, bifacial cell technologies to name a few. In line with this, Lux Research in its latest report confirms this trend and further adds that these technologies have the potential to push down module prices to $0.48/Wp in 2020. Efficiency of modules is also expected to increase to as high as 24% over the next five years.


The technologies are namely passivated emitter, rear-contact (PERC), metal wrap through (MWT) and even more efficient bifacial cell technology. PERC technology is anticipated to be an "early winner". This is due to not just its efficiency potential but also on account of its lower capex. PERC demand has been seen to be spiraling upwards with PERC equipment makers like Meyer Burger receiving a steady stream of orders. Companies like Hanwha Q-cells, Trina, JA Solar, SunEdison, SolarWorld and Motech, to name a few, have already jumped onto the PERC technology wagon.

Bifacial and MWT

Bifacial modules are also set to gain niche markets in distributed generation. Being able to absorb light on both the front and back sides, these cells can be useful in distributed roof-mounted installations in high-reflectivity settings or aesthetics-driven building-integrated photovoltaics (BIPV) markets. German equipment maker Schmid for example produces a bifacial turnkey line and has seen orders also come in for this tool. MWT technology deployment is expected to gain traction by 2020.

Lux Research believes that these high-efficiency silicon technologies will boost the ability of distributed generation, an aspect that was ignored in the recent Clean Power Plan by the U.S. Environmental Protection Agency.

Popular content

pv magazine did a special feature on future PV technologies where the high-efficiency silicon technologies mentioned above were included as well.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.