The Future of Photovoltaic Industry

Photovoltaic (PV) systems convert sunlight intowhen the sun is not shining.
electricity. The photovoltaic effect is the basic physicalA well-designed and properly installed PV system with
process through which this happens. Sunlight isa consistent maintenance schedule will operate for
composed of photons, or particles of solar energy.more than 20 years. The PV module, which has no
These photons contain various amounts of energymoving parts, has an expected lifetime of more than
corresponding to the different wavelengths of the30 years.
solar spectrum. When photons strike a PV cell, theyIn the past 30 years, the photovoltaic industry
may be reflected or absorbed, or they may pass rightmaintained a growth rate of 20 percent on the
through. Only the absorbed photons generateaverage, while in the last five years, with an average
electricity. When this happens, the energy of theannual growth rate of as high as 35 percent. As of
photon is transferred to an electron in an atom of the2007, the global PV power installed capacity is 9.1
cell (which is actually a semiconductor). With itsmillion kilowatts, the growth rate go up to 33 percent. in
newfound energy, the electron is able to escape from2007, capacity of 2.2 million kilowatts is installed, and
its normal position associated with that atom tothe growth rate is 40%.on the optimistic view , in the
become part of the current in an electrical circuit. Bynext 30 years ,the photovoltaic industry will maintain a
leaving this position, the electron causes a "hole" togrowth rate of more than 25 percent, while the
form. Special electrical properties of the PV cellpessimistic view is that this opinion is not based on
provide the voltage needed to drive the currentreality.
through an external load (such as a light bulb).Optimistic faction believes that as the technological
A PV system comprises several components. Theprogress and industrial expansion, photovoltaic power
basic building block of a PV panel is the PV cell, whichgeneration costs will be quickly reduced, thereby it
is a solid state, or non-mechanical, device. A solarbring a fundamental demand for the expansion, the
system uses a number of PV panels, each made ofprocess will run through the entire century. The latter
silicon, plus boron and phosphorous. The output of apart of the growth rate will decline because the base
single cell under direct sunlight is about one watt. ToPV will be huge.
increase their effectiveness, dozens of individual cellsPessimistic view is base on the biggest obstacles for
are interconnected together in a sealed, weatherproofphotovoltaic industry is the high cost. In the Western
glass package called a module. Modules come in adeveloped countries, they mainly go through various
range of wattages, and their nature allows for greatkinds of financial subsidies to support the development
flexibility in designing systems that meet a variety ofof the industry, such as United States allow advance
electrical needs.photovoltaic project with the financial and tax
Since PV modules are only capable of producing directincentives, and support the Internet price of
current (DC) electricity, an inverter is required tophotovoltaic for 21.29 cents / unit.
convert the direct current (DC) output produced by theAccording to our opinion, base on the cost of
PV array into alternating current (AC) power. ACphotovoltaic, the next three to five years, in some time
electricity is needed to run computers, refrigeratorsand some areas, photovoltaic will have cost
and other appliances, and lighting.advantage. U.S. Environmental Co-op non-profit
A utility PV system, such as those installed under theorganization says, the cost of solar power will be equal
Sun4Schools project, generate electricity which iswith the traditional fossil energy for power generation
supplemented by the energy provided by the existingcosts. With the decline of the cost for solar power,
utility grid. A PV system requires neither batterywhile coal, natural gas and the rising cost of nuclear
storage nor an emergency back-up system since it ispower, United States will come to the intersection by
connected directly to the utility grid, which is used as2015.From Comprehensive opinion, the photovoltaic
the storage medium. Systems that are not connectedindustry will have a high growth period.
to the utility grid use batteries to store energy for use