BIPV technologies poised to thrive 0

Research and Markets has announced the addition of Frost &Sullivan’s new report "Building Integrated Photovoltaics: TechnologyMarket Penetration and Roadmapping" to its offering.

“Building Integrated Photovoltaics: Technology Market Penetration and Roadmapping”
Building integrated photovoltaics (BIPV) is an application of solar photovoltaic technology. This research service offers insights on the roadmap andpenetration prospects of BIPV, and recommendations for stakeholders toenhance their penetration in the market.

Research overview
This Frost & Sullivan research service titled Building IntegratedPhotovoltaics: Technology Market Penetration and Roadmapping offersinsights on the roadmap and penetration prospects of building integrated photovoltaics (BIPV).

The study provides recommendations forstakeholders to enhance their penetration in the market along with anoverview of key drivers and challenges, region-wise technology adoptionand demand-side analysis. In this research, Frost & Sullivan’sexpert analysts thoroughly examine the following: first generation PVtechnologies and second generation thin film technologies.

Thisanalysis is available through our Technical Insights program. With thisprogram, clients receive industry-leading market research along withcomprehensive, objective information that allows your company tomitigate risk, identify new opportunities, and drive effectivestrategies for growth.

Technology overview
Although BIPVs are largely untapped compared to other microgeneration solutions, pressing environmental issues are propelling the technology to theforefront. With the alarm bells ringing louder over climate change andglobal warming, there is growing concern over issues such as energyconsumption, pollution, and rampant depletion of non-renewableresources.

Rising environmental awareness is evident not onlyamong the general public, but also in the commercial sector wherecorporate social responsibility (CSR) is viewed as an essential activity as well as an investment in goodwill. Green initiatives spearheaded bythe US government under the leadership of Barack Obama and agilestrategies deployed by the European Union to ramp up energy efficiencyhave energized R&D activities in the field of photovoltaics (PVs),biofuels, and so on, notes the analyst of this research service.

With these countries striving for radical change in the renewable energydomain in terms of both cost-effectiveness and efficiency, greaterallocation of funds for the implementation of green and smarttechnologies in new buildings is expected. Additionally, tax benefitsand incentives are driving some of the green technologies such as BIPVs.

From the perspective of cost, first generation PVs score over secondgeneration PVs. Thin-film technology is being developed to bring downthe prices of PVs; however, it is still in a nascent stage and can onlybecome cheaper when large-scale manufacturing commences. If thin-filmtechnologies can match up to the conversion efficiency offirst-generation PV in a span seven to ten years, then it could displace crystalline technology.

Within this time frame,third-generation PV could be expected to enter the BIPV market in a very small way with slightly improved conversion efficiency. Current PVmodules are mostly designed for autonomous PV systems. Therefore, thereis no particular set of products that are being produced specificallyfor BIPV.

As BIPV products for every building are unique,material manufacturers find it difficult to design and produce standardbuilding products for mass production. Only a few companies have so farcome up with standard BIPV products for roof top materials such as solar roof shingles.

Development of specific BIPV products will allowfor easier integration and better aesthetics. Certain buildingcomponents such as shades, roofs, and facades could be standardized toencourage the development of BIPV products. Thin-film developers mustpartner with glass or coatings manufacturers to promote BIPV panels as a standard construction building product. Electricity prices have seen an upward trend during the past few years.

Eventually, grid parity will be achieved and microgeneration through BIPV will ensurecompetitive prices. This is seen as a factor that will induce demand for PV systems and other renewable energy sources, going forward. Solutionproviders must focus greater attention on R&D to roll out smartergrids, meters, and software, concludes the analyst. Also, spiritedR&D collaboration among peers would be a surefire route to wideradoption within the next five to seven years.

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