IHS Solar Solutions Abstract

Concentrated PV (CPV) Report - 2013

2013

The potential and future of Concentrated PV

Detailed analysis of the emerging market for CPV systems.
This report provides detailed analysis of the market and technology for concentrated
photovoltaics. It identifies major regions, evaluates the competitiveness of CPV compared to
conventional PV and delivers detailed forecasts for the future deployment of CPV. In the fiveyear forecast it looks at how many systems will be installed for each technology and in each
region. By leveraging the IHS industry leading research, the report provides a full explanation
of drivers and barriers affecting CPV manufacturing and market growth, as well as detailed
pricing scenarios.

Actuals and Forecast

Frequency, Time Period
5-Year annual forecast (2012-2017)
Measures
Revenues ($m)
Price ($/W, $/kWh)
Shipments (MW)
Manufacturing Capacity, Production
and System Installation (MW and GW)
Regions, Markets
USA & Central America
South America
South Africa
North Africa & Middle East
Southern Europe
India
China & South East Asia
Australia
Global PV Installations
Ground-Mount >100kW
High DNI Areas (>6)
Low DNI Areas (<6)
CPV Installations

The user of this report will be able to address multiple areas of need including: market sizing,
growth potential, understanding the cost dynamics in the CPV market.

CPV Installations by Technology

Lens Type

Key Issues Addressed

Will concentrated PV compete with

conventional PV or will it share in its
recent success?
How will CPV system prices develop over
the next few years following the rapid
price decline of crystalline PV modules?
Can CPV compete in the wider electricity
market and with non-renewable sources?
How big will the CPV market be in five
years time, what share of the total PV
market will it account for?
In which regions is CPV best suited? How
much will be installed in each of these
regions?
Who are the leading suppliers of CPV?
How are they funded and what are their
plans and targets for the next 2-3 years?

www.ihs.com/solar
2013 IHS

Applicable To

Executives, strategists, marketing,

sales management, planners, supply
chain, procurement
Photovoltaic cell and module
manufacturers
Photovoltaic manufacturing
equipment suppliers
Solar research institutes and R&D
laboratories
Utilities and policy makers
Financial community: funds, venture
capital, private equity, & commercial
banks
Investors looking to understand the
current and future market conditions
of the industry

Tracker Type
Cell Type
Concentration Level
Deliverables
PDF Slide Report
PowerPoint Executive Summary

Concentrated PV (CPV) Report - 2013

Solar Solutions from Trusted

Experts
IHS solar solutions combines the products,
services, and expertise from three leading
research companies and provides forecasts for
market demand, technology, and supply chain
analysis to advance clients strategies in global
solar markets.

About IHS (www.ihs.com)

IHS (NYSE: IHS) is the leading source of
information, insight and analytics in critical
areas that shape today's business landscape.
Businesses and governments in more than 165
countries around the globe rely on the
comprehensive content, expert independent
analysis and flexible delivery methods of IHS to
make high-impact decisions and develop
strategies with speed and confidence. IHS has
been in business since 1959 and became a
publicly traded company on the New York Stock
Exchange
in
2005.
Headquartered
in
Englewood, Colorado, USA, IHS is committed to
sustainable, profitable growth and employs
8,700 people in 31 countries around the world.

Report Features
Detailed forecasts for the future
deployment of CPV and analysis of its
market penetration in target regions
Analysis and forecasts of CPV
installations by region and concentration.
A clearly defined LCOE model to examine
the costs of CPV and conventional PV.
Forecasts for both the installed cost of a
CPV system and its LCOE, with
comparisons to conventional PV and the
wider electricity market.

Detailed analysis of the existing installed

base of CPV installations.
Rankings list showing the leading
suppliers of CPV systems.
Company profiles for over 30 CPV
suppliers.
Analysis of the advantages and
disadvantages of the high concentration
PV and low concentration PV technology.
Supplier matrix highlighting the offerings
of existing suppliers and their technology.

Table of Contents
1. INTRODUCTION, SCOPE AND METHODOLOGY
2. TECHNOLOGY OVERVIEW AND APPLICATIONS
2.1. Introduction to PV

The Price of CPV: Assumptions

LCOE Comparison

Global PV Markets - Costs, Prices & Subsidies

The Potential Market for CPV

Applications for PV

Forecasts for CPV

Introduction to Concentrated PV (CPV)

High Efficiency Cells
Concentrating Techniques
Tracking the Sun
Dealing with Heat
Where can CPV be Deployed?
3. MARKET DRIVERS AND FORECASTS
3.1. Market Drivers

Incentives for PV & CPV

CPV as an Energy Source
3.2. The Future Development of CPV

Prices, Costs & Efficiencies - The Trade Off

Efficiency - Assumptions and Projections
Costs & Prices In The Future

Ash Sharma
+44 (0) 1933 402255
Ash.Sharma@ihs.com

The Price of PV: Current Situation and Projections

The Global PV Market

2.2. Overview of Concentrated PV (CPV) Technology

For More Information

3.4. Forecast Scenario 1: CPV vs. Conventional PV

3.3. Calculating Competitiveness: The LCOE Model

Price per Watt vs. Price per kWh

The LCOE Calculation

3.5 Forecast Scenario 2: CPV vs. Conventional

Electricity

Electricity Price: Current Situation and

Projections
The Price of CPV: Assumptions
LCOE Comparison
Forecasts for CPV
Niche Applications for CPV
4. INDUSTRY OVERVIEW & MARKET SHARES
4.1. Industry Overview

Overview of Industry Players

Supplier Funding
Manufacturing Strategies
Sales Channels & Routes to Target Market
Challenges for Existing Suppliers
4.2. Leading CPV Suppliers
2012 CPV Installations - Supplier Market Share
2012 CPV Installations - CPV Supplier Rankings
CPV Installations - Supplier Market Share
CPV Supplier Bankability
4.3. Company Profiles

www.ihs.com/solar
2013 IHS