Science and Technology Innovation Board Photovoltaic Sector

How is the solar PV industry changing?

The solar PV industry is changing rapidly, with innovations occurring along the entire value chain. In recent years, a major driver for innovation has been the push for higher efficiency (Green, 2019).

What is a solar PV-T system?

Solar PV-T systems combine the production of both kinds of solar energy in one collector.

What is innovation in photovoltaic (PV) technology?

Innovation in performance and manufacturing has propelled photovoltaic (PV) technology from the exception to the norm. The manifestations of innovation are defined as improvements in key technical, economic, and sustainability parameters pertaining to PV modules.

Is solar PV a strategic renewable technology?

This report clearly points out that solar PV is one of the strategic renewable technologies needed to realise the global energy transformation in line with the Paris climate goals. The technology is available now, could be deployed quickly at a large scale and is cost-competitive.

Is the future of solar PV employment bright?

Despite setbacks, there is reason to believe that the future of solar PV employment is nonetheless bright, given the urgency for more ambitious climate and energy transition policies, as well as the expectation that countries are learning important lessons on the design and coherence of policies.

What percentage of the solar PV market is based on thin-film technology?

Currently, thin-film technology accounts for only 5% of the global solar PV market, while silicon-based solar modules still hold approximately 95% of the global PV module market (GlobalData, 2018).