星期二, 1月 19, 2021
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

New Energy Equity adds 326 kW of solar to municipal buildings in Norton Shores, Michigan

New Energy Equity, along with its development partner Chart House Energy, has completed a 326-kWDC solar development project consisting of three separate municipal buildings...

PG&E announces 387 MW/1,548 MWh of energy storage capacity in latest project announcement

Pacific Gas and Electric Company (PG&E) has requested approval from the California Public Utilities Commission (CPUC) for six new battery projects totaling 387 MW...

NEP releases 500-W microinverter for large-format panels

Silicon Valley-based Northern Electric Power Technology (NEP) has released a new 500-W microinverter. The company is calling it a “macroinverter” since it is able...

Solar investment tax credit extended at 26% for two additional years

Story updated Dec. 22 after successful passage of the bill by Congress. Extended renewable energy tax credits have been included in a $1.4 trillion federal...