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Future economical prospects for the PV market
There is ample evidence of the enormous size of the potential market, and the tiny penetration
of this to date. Solar home systems and lighting, including productive uses, shops etc, make up
65% of this. Grid-connected systems, such as PV in Buildings, also have a significant potential,
as has been proved in countries where a partnership has been established between government and
industry (e.g. The Netherlands, Germany, Japan) to increase market sizes whilst at the same time
bringing down costs. Existing players are increasing manufacturing capacity, and new companies
are entering the market.
![]() The four lines in the chart indicate different efficiencies of the PV panels. Depending on the efficiency of the PV panel and the cost of the module, it can be easily calculated the levelised electricity cost in (p/kWh). |
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