The Future of Photovoltaic Industry

Photovoltaic (PV) systems convert sunlight intoutility grid use batteries to store energy for use
electricity. The photovoltaic effect is the basicwhen the sun is not shining.
physical process through which this happens.A well-designed and properly installed PV system
Sunlight is composed of photons, or particles ofwith a consistent maintenance schedule will
solar energy. These photons contain variousoperate for more than 20 years. The PV module,
amounts of energy corresponding to the differentwhich has no moving parts, has an expected
wavelengths of the solar spectrum. Whenlifetime of more than 30 years.
photons strike a PV cell, they may be reflectedIn the past 30 years, the photovoltaic industry
or absorbed, or they may pass right through. Onlymaintained a growth rate of 20 percent on the
the absorbed photons generate electricity. Whenaverage, while in the last five years, with an
this happens, the energy of the photon isaverage annual growth rate of as high as 35
transferred to an electron in an atom of the cellpercent. As of 2007, the global PV power installed
(which is actually a semiconductor). With itscapacity is 9.1 million kilowatts, the growth rate go
newfound energy, the electron is able to escapeup to 33 percent. in 2007, capacity of 2.2 million
from its normal position associated with thatkilowatts is installed, and the growth rate is
atom to become part of the current in an40%.on the optimistic view , in the next 30 years
electrical circuit. By leaving this position, the,the photovoltaic industry will maintain a growth
electron causes a "hole" to form. Special electricalrate of more than 25 percent, while the
properties of the PV cell provide the voltagepessimistic view is that this opinion is not based
needed to drive the current through an externalon reality.
load (such as a light bulb).Optimistic faction believes that as the technological
A PV system comprises several components.progress and industrial expansion, photovoltaic
The basic building block of a PV panel is the PVpower generation costs will be quickly reduced,
cell, which is a solid state, or non-mechanical,thereby it bring a fundamental demand for the
device. A solar system uses a number of PVexpansion, the process will run through the entire
panels, each made of silicon, plus boron andcentury. The latter part of the growth rate will
phosphorous. The output of a single cell underdecline because the base PV will be huge.
direct sunlight is about one watt. To increase theirPessimistic view is base on the biggest obstacles
effectiveness, dozens of individual cells arefor photovoltaic industry is the high cost. In the
interconnected together in a sealed, weatherproofWestern developed countries, they mainly go
glass package called a module. Modules come in athrough various kinds of financial subsidies to
range of wattages, and their nature allows forsupport the development of the industry, such as
great flexibility in designing systems that meet aUnited States allow advance photovoltaic project
variety of electrical needs.with the financial and tax incentives, and support
Since PV modules are only capable of producingthe Internet price of photovoltaic for 21.29 cents
direct current (DC) electricity, an inverter isunit.
required to convert the direct current (DC) outputAccording to our opinion, base on the cost of
produced by the PV array into alternating currentphotovoltaic, the next three to five years, in
(AC) power. AC electricity is needed to runsome time and some areas, photovoltaic will have
computers, refrigerators and other appliances, andcost advantage. U.S. Environmental Co-op
lighting.non-profit organization says, the cost of solar
A utility PV system, such as those installed underpower will be equal with the traditional fossil
the Sun4Schools project, generate electricityenergy for power generation costs. With the
which is supplemented by the energy provided bydecline of the cost for solar power, while coal,
the existing utility grid. A PV system requiresnatural gas and the rising cost of nuclear power,
neither battery storage nor an emergencyUnited States will come to the intersection by
back-up system since it is connected directly to2015.From Comprehensive opinion, the
the utility grid, which is used as the storagephotovoltaic industry will have a high growth
medium. Systems that are not connected to theperiod.