星期五, 20 6 月, 2025
Home PV Technology solar CPV is "unprofitable in the foreseeable future"

solar CPV is "unprofitable in the foreseeable future"

DEGERenergie is stopping the production of its concentrating photovoltaic (CPV) tracking systems as it says "CPV is unprofitable in the foreseeable future" – analyst questions too-optimistic business plan.


"The increased yield which can be achieved with concentrator technology bears no reasonable proportion to the additional expenditure and does not justify the high development effort," says Michael Heck, Vice President Sales & Marketing at DEGERenergie.


He adds that solar CPV modules has not really proceeded beyond the prototype stage, and that mass production is unlikely:


"A profitable business with these systems is unlikely in the foreseeable future. We will keep on concentrating on the optimisation of our systems on the basis of conventional photovoltaic technology. For this purpose DEGERenergie has allocated a research budget of €750.000 for the next 18 months."


Technology or business model?
Renewable Energy Focus has been told by an industry analyst that: "The points [Heck] made are actually not far off of the mark. However I think that this is more about the company's initially too-optimistic entry, than it is about CPV."

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

RWE 7.5MW/11MWh battery energy storage start commercial operation in Netherlands

Power generation firm RWE has put a BESS in the Netherlands into commercial operation, its first that is capable of providing inertia to the...

Gurīn Energy selects Saft’s battery energy storage system for first Japanese project

Saft, a subsidiary of TotalEnergies, has been selected by leading Asian renewable energy developer Gurīn Energy to supply a battery energy storage system (BESS)...

Swiss 1.6 GWh redox flow storage project starts to build

Flexbase Group has begun construction on what could become one of Europe’s largest flow battery storage installations, breaking ground on an 800 MW/1.6 GWh...

Analysis: UK’s solar power surges 42% after sunniest spring on record

The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its...